Council OKs idX extension

Published 5:13 pm Tuesday, February 25, 2014

Washington’s City Council, during its meeting Monday, amended its purchase agreement with idX Impressions pertaining to the former Hamilton Beach/Proctor-Silex property at 234 Springs Road.

The property’s new owner, idX Impressions, sought an extension regarding a period for inspections. The city and idX entered into a purchase agreement Nov. 25, 2013, concerning the land and improvements (buildings) at the site at 234 Springs Road. As part of that agreement, idX was given an inspection period to perform physical, mechanical and environmental inspections of the property and all records and financial information concerning the property. The deadline for the inspections is Monday.

Recently, idX asked for the inspection period to be extended to March 24 to complete some environmental inspections and have an American Land Title Association survey prepared. An ALTA survey is more detailed survey that is performed in accordance with ALTA standards. The costs associated with this survey are being paid for by idX.

Also, idX wanted a permanent easement regarding adjacent city property.

“We decided to give them a temporary easement instead,” Councilman Bobby Roberson said Tuesday.

According to a memorandum written by Matt Rauschenbach, the city’s chief financial officer and assistant city manager, last fall before the purchase agreement was approved, idX planned to invest $2 million in tooling and equipment upgrades at the existing facility and add 150 jobs during a three-year period.

As part of its plans, idX applied for $3,020,000 in grants for the expansion and jobs creation.

For additional coverage of the council’s meeting, see future editions of the Washington Daily News.




About Mike Voss

Mike Voss is the contributing editor at the Washington Daily News. He has a daughter and four grandchildren. Except for nearly six years he worked at the Free Lance-Star in Fredericksburg, Va., in the early to mid-1990s, he has been at the Daily News since April 1986.
Journalism awards:
• Pulitzer Prize for Meritorious Public Service, 1990.
• Society of Professional Journalists: Sigma Delta Chi Award, Bronze Medallion.
• Associated Press Managing Editors’ Public Service Award.
• Investigative Reporters & Editors’ Award.
• North Carolina Press Association, First Place, Public Service Award, 1989.
• North Carolina Press Association, Second Place, Investigative Reporting, 1990.
All those were for the articles he and Betty Gray wrote about the city’s contaminated water system in 1989-1990.
• North Carolina Press Association, First Place, Investigative Reporting, 1991.
• North Carolina Press Association, Third Place, General News Reporting, 2005.
• North Carolina Press Association, Second Place, Lighter Columns, 2006.
Recently learned he will receive another award.
• North Carolina Press Association, First Place, Lighter Columns, 2010.
4. Lectured at or served on seminar panels at journalism schools at UNC-Chapel Hill, University of Maryland, Columbia University, Mary Washington University and Francis Marion University.

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