The Cannon County Industrial Development Board voted unanimously to tell THC Select to either sign the lease agreement that they drew up in October or move out during last night’s monthly meeting. THC Select, has been operating in one of the Industrial Board’s buildings since 2010 rent free. During the past two months, the Board went back and forth with management of THC Select based on a lack of a lease agreement. The Board agreed to stop negotiations after THC Select counter offered the lease agreement that was drawn up by the Industrial Board. If THC Select doesn’t agree to sign the lease as is, they will be expected to be moved out of the building in March of 2013 and pay all rent from October 2012 to March 2013. A review was done of at least five companies that would like to lease the building that was recently vacated by PC Select. Most want to use the building to expand operations while one company would like to lease it for storage and there have been a couple companies that have inquired about the building to start operations.
