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Board backs joint resolution to support I‑75 industrial park; McMinn and Watts Bar to fund key infrastructure
Summary
Sweetwater approved a joint resolution committing the city to fund portions of road and utility improvements for a proposed I‑75 industrial park after a developer presentation that projected significant property‑tax gains and job creation; McMinn County committed $750,000 and Watts Bar Utility District $300,000; Sweetwater will make phased contributions contingent on infrastructure and occupancy protections.
The Sweetwater board voted to approve a joint resolution committing the city to participate in funding roadway and waterline improvements needed for a proposed industrial park off I‑75.
Jessica summarized the multi‑jurisdiction arrangement and said McMinn County has already approved a $750,000 contribution and Watts Bar Utility District voted to fund $300,000 of the water line. Monroe County signaled $250,000 in a workshop plus $75,000 already in a fund; that county's formal vote was…
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