Keller Group responds to A&P Commission’s funding requirements - KAIT Jonesboro, AR - Region 8 News, weather, sports

Keller Group responds to A&P Commission’s funding requirements

(Source: KAIT) (Source: KAIT)
JONESBORO, AR (KAIT) -

The group working on one of the city’s largest projects responded Friday afternoon to the Jonesboro Advertising and Promotions Commission’s funding requirements.

In April, the commission questioned the progress of the Hyatt Hotel and Convention Center located along Interstate 555.

At that time, the commission voted to require the Keller Group to follow several guidelines if they planned to use future A&P funds.

On Friday, May 19, the Keller Group stated in the letter it had acquired a new investor for the project, and final plans would be submitted within 60 days.

The letter also said they expected steel to be “out of the ground” in the next 120 days.

As to questions regarding millions of dollars in liens filed against the Keller Group by subcontractors working on the convention center, the letter stated they had entered an agreement with contractors and subcontractors to pay the liens.

Here is the full letter submitted to the A&P Commission:

Bill Campbell with the city of Jonesboro said that they are pleased with the group's willingness to move forward. 

"They have shown the integrity of meeting our requests and they say they got an investor to go forward and we are encouraged," said Campbell. 

Region 8 News will have more information as details emerge. Follow us on Twitter and Facebook for up to the minute updates.

Copyright 2017 KAIT. All rights reserved.

Region 8 News App - Install or update on your: iPhone | Android

  • Region 8 News</span><a class="customMoreLink" href="/Global/category.asp?C=4391" target="_top">More >></a>Region 8 NewsMore>>

  • Sheriff's department investigates cemetery vandalism

    Sheriff's department investigates cemetery vandalism

    Wednesday, September 20 2017 11:55 PM EDT2017-09-21 03:55:33 GMT
    Thursday, September 21 2017 12:01 AM EDT2017-09-21 04:01:12 GMT
    (Source: KAIT)(Source: KAIT)

    A Craighead County cemetery experienced vandalism Tuesday night after someone drove over tombstones causing thousands of dollars in damage.

    A Craighead County cemetery experienced vandalism Tuesday night after someone drove over tombstones causing thousands of dollars in damage.

  • School district demands county to act on dangerous gravel road

    School district demands county to act on dangerous gravel road

    Wednesday, September 20 2017 11:36 PM EDT2017-09-21 03:36:53 GMT
    Wednesday, September 20 2017 11:53 PM EDT2017-09-21 03:53:53 GMT
    (Source: KAIT)(Source: KAIT)

    After several reported wrecks involving students on County Road 431 near the Valley View High School, the school district is desperately wanting a solution to the gravel road. According to Dr. Haley Fitzgerald, a grant writer for the  Valley View School District, at least nine wrecks have taken place on CR 431 in only two years.

    After several reported wrecks involving students on County Road 431 near the Valley View High School, the school district is desperately wanting a solution to the gravel road. According to Dr. Haley Fitzgerald, a grant writer for the  Valley View School District, at least nine wrecks have taken place on CR 431 in only two years.

  • Project shows what it's like having dementia, Alzheimer’s

    Project shows what it's like having dementia, Alzheimer’s

    Wednesday, September 20 2017 11:51 PM EDT2017-09-21 03:51:00 GMT
    (Source: WMC Action News 5)(Source: WMC Action News 5)

    Memphians who have loved ones suffering from dementia got the chance to take a walk in their shoes. 

    Memphians who have loved ones suffering from dementia got the chance to take a walk in their shoes. 

Powered by Frankly