State honors Bainbridge Development Corporation
— Bainbridge Development Corporation’s annual meeting Tuesday night mixed a bit of business with a bit of surprise, as state citations were given to the BDC and its partner from Gov. Larry Hogan’s office.
“I was definitely surprised,” BDC Chairman Mike Pugh said. “They don’t tell me everything.”
County Executive Tari Moore, BDC development partner Ken Michael, Pugh and the entire BDC board of directors received citations from the state of Maryland recognizing the team’s effort and ongoing hard work to prepare the 1,200-acre site for redevelopment that could lead to new tax revenue for the county, state and town of Port Deposit.
This year, the BDC has seen an increase in prospects as it continues to work with the U.S. Navy to reach an agreement on an environmental cleanup that will allow development to begin. In addition, the county gov-
ernment and Artesian Water have agreed to accelerate upgrades and construction of water and sewer service to the property.
Recently, BDC was notified it will receive a $1 million grant from the U.S. Department of Defense to hire a company to do an environmental characterization and reuse plan for the site.
The board approved a tentative award of a contract to do this work to E.A. Associates at their meeting Tuesday night, as well as approving the 2015 annual report.
“My goal is to finalize details of the contract and be ready to sign it within a week,” Pugh said.
BDC expects the firm to begin work as soon as possible so it can be done by late spring.
“That plan will provide us with the framework to develop Bainbridge,” he said. “We can then go back to the Navy with some firm numbers.”
Pugh is anxious to get the first project underway at Bainbridge.
“I’m looking for pioneers here,” he said.
Bainbridge Development Corporation, its board, leaders and partners received state citations Tuesday for their hard work toward redevelopment of Bainbridge.