Cox County Partnership secures $269K for small business relief and attracts new startup to Newport

The Cocke County Legislative Body convened on January 30, 2025, to discuss various county matters, including updates on economic development, flood relief efforts, and infrastructure projects.

During the meeting, the county attorney reported on ongoing issues, including contract revisions and a pending lawsuit, which will be discussed in an executive session. He emphasized the importance of protective provisions in contracts to benefit the county.

The meeting also featured a report from the Cocke County Partnership, presented by Mr. Bridal. He highlighted the reformation of the partnership board and the industrial development board, which are now under new leadership. A notable achievement was the successful recruitment of a small startup company to Newport, which currently employs ten people but aims to expand. Additionally, Mr. Bridal reported that the partnership has distributed $269,000 to small businesses and $563,000 to individuals affected by recent flooding, with plans to reach out to rafting companies to ensure they receive available funds.

The county mayor was credited with saving the county over $700,000 in matching funds for economic development projects. Discussions also included the ongoing work on the sewer line at the Smoky Mountain Innovation Park, which is crucial for attracting new businesses. The planning commission has approved the final plat for the industrial park, contingent on road construction meeting state standards.

In conclusion, the meeting underscored the county's proactive approach to economic growth and disaster recovery, with ongoing efforts to support local businesses and improve infrastructure. Further discussions and updates are expected in future meetings as these initiatives progress.