IDB Closes Agreement With Perdue, Hopes For New Tenant
The Putnam County Industrial Development Board officially closed its agreement with Perdue Wednesday morning following the company’s departure from Monterey. Perdue has paid by check and returned the signed enforceable bonds for the property. Chairman Dr. Bob Bell said the board does not need to take any future action with Purdue. “That’s a happy outcome […]
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 […]
