The News Courier in Athens, Alabama

Local News

April 21, 2013

Cash from county not in cards for Sweetwater retail project

— One Limestone commissioner called the proposed $1.3 billion Sweetwater development “Decatur’s baby,” and said the county is not going to chip in cash for the project.

Commissioner Bill Latimer confirmed on Thursday the county is going to decline a request by Decatur Mayor Don Kyle to contribute as much as $2 million in cash toward a $40 million incentive package that includes infrastructure and tax abatements.

“As it stands now, we probably won’t (contribute cash),” Latimer said. “There’s too many other things we need money for … industrial projects down the road would require funds if they come to pass.

“We are still considering the (ad valorem) tax abatements for the Bass Pro Shops store. I would say this project is probably Decatur’s baby right now.”

The commercial and retail development would be located at the juncture of Alabama 20 and Interstate 65 in a Decatur-annexed portion of Limestone County.

Local benefit

Limestone County Schools, which benefits from the county’s 2-cent sales tax earmarked for the school system, could receive a boost in revenue from the development. A previous Sweetwater proposal in the same location fell through in 2008.

1
Text Only
Local News
Photos


Poll

Which foreign crisis is the biggest threat to the security of the United States?

Russia-Ukraine
Israel-Palestine
Iraq
None of the above
     View Results
Facebook
AP Video
US Ready to Slap New Sanctions on Russia Kerry: Not Worried About Israeli Criticism Boater Rescued From Edge of Kentucky Dam Girl Struck by Plane on Florida Beach Dies Rodents Rampant in Gardens Around Louvre House to Vote on Slimmed-down Bill for Border Looming Demand Could Undercut Flight Safety Raw: 2 Shells Hit Fuel Tank at Gaza Power Plant Raw: Massive Explosions From Airstrikes in Gaza Giant Ketchup Bottle Water Tower Up for Sale Easier Nuclear Construction Promises Fall Short Kerry: Humanitarian Cease-fire Efforts Continue Raw: Corruption Trial Begins for Former Va Gov. The Carbon Trap: US Exports Global Warming Traditional African Dishes Teach Healthy Eating
Twitter Updates
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Stocks
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
Business Marquee