Randolph County will soon have a new economic committee, which is actually an old, defunct economic committee, and it will meet once and then disband itself.
It is, but it's a necessary part of completing a long-standing deal between the City of Roanoke and SteelFab regarding the land on which the Roanoke SteelFab plant sits.
When SteelFab set up shop in Roanoke in 1997, the company made a deal with the city's Industrial Development Board to lease the 22 acres on which it built its original plant, on the condition that once that lease was complete, SteelFab would have the option to buy the land for $10.
The deal was made as a way to entice the company to choose Roanoke as its newest location.
That Industrial Development Board still currently owns the land, but the board no longer exists. It evolved from a city entity to a county entity, which eventually became the current Randolph County Economic Development Authority (RCEDA).
However, RCEDA does not legally have the authority to sign over the deed to the property because it technically does not own it.
So Monday, Roanoke City Council agreed to temporarily re-form the Industrial Development Board for the sole purpose of taking the necessary measure to sign over the deed to the land to SteelFab.
"We have to have the authority to sign that deed," city attorney Clay Tinney told the council Monday. "The council cannot [sign] it."
The seven-member board will be Paula Lambert, Trae Foster, Paula Hicks, Mark Jordan, Jessica Brown, Lacretia Nunez and Dandricus Daniel.
According to Tinney, the board will meet, agree to sign the property over to SteelFab, and then formally disband - a final step that apparently was never taken by the original board.