County to lease part of old Boro plant to Flakeboard America for warehouse
This week, Marlboro County Council took the first step toward leasing vacant property on Maple Street in Bennettsville to a local industry for warehouse space.
At a called meeting Wednesday at noon, the council gave unanimous, first reading approval to an ordinance authorizing a lease agreement with Flakeboard America Ltd., doing business as Arauco North America.
The property in question is part of the old Boro Wood Products plant. In 2013, county council authorized using up to $325,000 in economic development funds to improve the property in hopes of marketing it as an industrial site, but there has been no activity since.
County Administrator Ron Munnerlyn told the council this week that leasing the property to Flakeboard will generate $4,000 per month in rent for the county.
Flakeboard already has an agreement with the county to park trucks at the Boro site for temporary storage. What the company now wants is to use the newer part of the existing facility for longer term storage. It is about 48,000 square feet, Munnerlyn said.
The lease under consideration would be for six months; at the end of that time period, officials can re-evaluate the lease amount and terms.
The lease agreement will require three readings and a public hearing in order to become official. The first reading was approved unanimously.