The much-discussed OLF 8 Property in Beulah is poised to create its first new jobs if the BCC follows through with a proposed sale of 100 Acres of this property to Navy Federal Credit Union.
After last week's committee of the whole meeting, where the board voted to sell Navy Federal Credit Union (NFCU) 100 acres of OLF 8 in Beulah in exchange for new job creation, parking, and recreation facilities-- there was a buzz forming about just how many more jobs this sale could produce.....
Today, commissioners received the below email from Executive Vice- President Debbie Calder detailing NFCU's commitment.
These 300 new jobs will help us meet the BCC's triumph application goal of a minimum of an additional 1000 new, good paying jobs with this property in order to realize grant revenue of as much as $30 Million Dollars to develop this property.
Today was a great first step in that direction!
From the letter:
"I am happy to
advise that, if we are able to agree upon mutually acceptable terms and
Escambia County conveys approximately 100 acres of the OLF 8 property adjacent
to our Heritage Oaks campus to Navy Federal, Navy Federal is willing to create
300 additional jobs on our existing campus..Navy Federal
plans to create more parking for our campus, which will enable us to
accommodate those additional jobs. Navy Federal also plans to build a
recreation area on a portion of the property. Subject to any reasonable
conditions that we may require, the recreation area we are proposing could be
available for public use when not in use by Navy Federal. The public use of the
recreation area would be part of our on-going contribution to the community."
See the letter below:
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