Fremont County has closed on a sale of eight acres of property near the Fremont County Airport which will be the site of a new federal Immigration and Customs Enforcement (ICE) processing facility for immigration detainees. Sale of the property has been in the works for more than two years. County Commission Chairman Larry Lasha signed the sale documents last Friday. The buyer is JIOL L.L.C. of Lakewood. Managing partner Floyd Sack said excavation of the site began today with plans to complete work on the ICE facility within six to nine months.
The Fremont County Commissioners sold the eight acre lot for $200,000. It is part of a forty acre parcel of property that the county owns on the west side of Highway 67 across from the airport. The Commissioners had anxiously been anticipating sale of the property having budgeted for the revenue in 2007 and again in 2008. Lasha said that given the shortfall in sales tax revenue the county has experienced this year, receipt of the $200,000 was particularly important to this year's budget.
Lasha also noted that this is the first significant piece of industrial park property to be developed in Fremont County in the past decade. With JIOL extending water and electrical utilities to the west side of Highway 67, it will not only allow the firm to develop the remainder of their eight acre lot but also improve the marketability of the remainder of the county's property to JIOL or any other private firm wanting to develop in an industrial park setting.
JIOL was one of two firms which held purchase options on the property over the last two years. The General Services Administration finally chose JIOL this summer to build the new ICE facility. JIOL will lease the facility to ICE. It will replace an ICE facility now located near the Pueblo Airport. The ICE facility will process immigration detainees and hold them only during daytime hours.
Sack is also the owner of the former B.L.M. office building on East Main in Canon City which is now for sale.
The Fremont County Commissioners sold the eight acre lot for $200,000. It is part of a forty acre parcel of property that the county owns on the west side of Highway 67 across from the airport. The Commissioners had anxiously been anticipating sale of the property having budgeted for the revenue in 2007 and again in 2008. Lasha said that given the shortfall in sales tax revenue the county has experienced this year, receipt of the $200,000 was particularly important to this year's budget.
Lasha also noted that this is the first significant piece of industrial park property to be developed in Fremont County in the past decade. With JIOL extending water and electrical utilities to the west side of Highway 67, it will not only allow the firm to develop the remainder of their eight acre lot but also improve the marketability of the remainder of the county's property to JIOL or any other private firm wanting to develop in an industrial park setting.
JIOL was one of two firms which held purchase options on the property over the last two years. The General Services Administration finally chose JIOL this summer to build the new ICE facility. JIOL will lease the facility to ICE. It will replace an ICE facility now located near the Pueblo Airport. The ICE facility will process immigration detainees and hold them only during daytime hours.
Sack is also the owner of the former B.L.M. office building on East Main in Canon City which is now for sale.