Those who knew him say Jack Wallace was a pillar of economic development for Oktibbeha County.
The Oktibbeha County Economic Development Authority exercised a purchase option Tuesday and acquired a 5-acre parcel that will serve as the location for a substation that will power a proposed Starkville industrial park off Highway 389.
The Oktibbeha County Economic Development Authority is expected to operate a $735,700 budget with an equal amount of revenues and expenditures during the current fiscal year.
The first step toward constructing a new Mississippi Highway Patrol headquarters for Troop G will occur Tuesday when Oktibbeha County formally donates a parcel of Cornerstone Park to the organization.
Many officials predicted C Spire’s $22 million investment would spur other local initiatives, but Oktibbeha County Economic Development Authority President Jack Wallace told supervisors Monday that economic developers are in the process of trying to land the area’s next big investment.
Wallace delivered his remarks while presenting his agency’s $766,430 budget to the Oktibbeha County Board of Supervisors. OCEDA’s budget was previously approved by the Starkville Board of Aldermen last week.