Cookeville IDB Discusses Ways To Target Non-Compliance
The Cookeville Industrial Development Board discussed Wednesday ways it can address companies that are non-compliant with their Payment in Lieu of Taxes (PILOT) agreements. Putnam County Property Assessor Steve Pierce said Ficosa, Milwaukee Tools, and SAIC are the only three companies not meeting their obligated employment numbers established in their respective agreements. He added that […]
IDB Concerned About SAIC And Ficosa Delinquent Payments
The Cookeville Industrial Development Board concerned about SAIC and Ficosa being delinquent on each company’s Payment In Lieu Of Taxes or PILOT incentive package. Putnam County Property Assessor Steve Pierce said SAIC has paid the 2024 non-compliance portion to Cookeville but not to Putnam County. Pierce said SAIC is looking to reduce its lease space […]
