GP wants to build what it calls the Juno Project that squeezes out another step in recycling consumer containers. If the process works, and GP says there’s a lot of evidence it does work, it could extend the wood resources that go into box-making, technically saving money for everyone along the product purchasing continuum.
Drake told the County Commission that a partnership with Toledo and Lincoln County would re-arrange property tax payments within the Toledo city limits for a 15 year period while the new Juno Recycling System is built and perfected. To compensate for the partial loss of the growth in property taxes GP would agree to pay a Community Services Fee – how much and for how long would be determined by the county and the City of Toledo. GP would have to agree to the amount set by the city and the county. Public schools would not be affected.
Drake said GP is optimistic that the new technology can be perfected at their Toledo plant and make it even more financially muscular with resulting higher tax revenues to the county and to Toledo. Drake declined to predict how many new jobs would be created – if any.
There was a lot to think about – including the commissioners wanting to chew on the details a bit longer and have GP bring it back before them for further discussions that they hope will clarify the project.