ROANOKE TIMES
Copyright (c) 1996, Roanoke Times
DATE: Wednesday, April 24, 1996 TAG: 9604240031
SECTION: CURRENT PAGE: NRV-10 EDITION: NEW RIVER VALLEY
DATELINE: CHRISTIANSBURG
SOURCE: KATHY LOAN STAFF WRITER
Economic development and the future of Falling Branch Industrial Park will be the focus of two closed-door sessions Montgomery County boards will hold today.
The Montgomery Regional Economic Development Commission will meet at 11:30 a.m. with two state officials. The county's Industrial Development Authority has been invited to attend.
Dennis Gabriel, the state economic development department's project manager, and Rob McClintock, manager of sites and buildings, will give a presentation on creative sources of financing for industrial projects.
The meeting will be held at the Garvin Innovation Center at Virginia Tech's Corporate Research Center
McClintock and Gabriel will meet with the county Board of Supervisors at 7 p.m. for an executive session at the Montgomery-Floyd Regional Library headquarters on Sheltman Street.
Before entering executive session, Don Moore, the county's economic development director, will give a history of the 165-acre Falling Branch industrial park in Christiansburg.
Henry Jablonski, chairman of the Board of Supervisors, said McClintock and Gabriel "have advice to offer in regard to what the county should consider in regard to economic development."
Jablonski said the discussion also will include "other land also available in various areas of the county."
Three years after the county launched an effort to create a state-of-the-art industrial park to bring new high-tech jobs to the New River Valley, its Falling Branch Industrial Park remains untouched, rolling pasture beside Interstate 81 in Christiansburg. That cost the county recently when R.R. Donnelley & Sons Co., a Chicago printing company, decided to locate a new plant and 175 jobs in Roanoke County. Donnelley gave Montgomery County a serious look but was dissuaded by the lack of infrastructure - roads, grading, water and sewer lines - at Falling Branch.
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