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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 […]

Perdue Working With IDB To Finalize Departure, Money Owed

The Cookeville Industrial Development Board met with a Perdue representative Wednesday to discuss the details of completing the plant’s departure from Monterey. The board had questions on whether there are any other amounts owed by Perdue due to a couple of provisions included in the lease. Board Attorney Kent Moore said one provision in the […]