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 […]
Cookeville Extends Dirt-Moving Agreement
Cookeville City Council approved an amendment to an indemnity agreement Thursday night to allow for dirt to be moved in the Highlands Business Park. Council approved the agreement with the Hollingsworth Group last fall to transport dirt from the Ficosa site to the lot owned by Hollingsworth. Community Development Director Jon Ward said the desire […]
Cookeville Postpones Decision On RVs In Mobile Home Parks
Cookeville City Council began preparations for winter last night, purchasing 500 tons of road salt. Public Works Director Blake Mayo said the city is currently two-thirds full on salt. The city salted just once last winter, during the Christmas Eve weather event. Pricing did not change from a year ago. Council also voted Thursday night […]
Cookeville IDB Defers Decision On Amendment Ficosa PILOT Agreement
The Cookeville Industrial Development Board deferred a decision on amending its Ficosa payment-in-lieu-of-taxes agreement, citing a desire to explore agreements between the city and other companies who might be in the same situation. After having difficulty meeting original requirements due to COVID, Ficosa Attorney Stephen Jasper presented amendments decreasing the number of required employees and […]
