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Ripley board approves conditional sale of Walker Industrial Park land for data‑mining operation, 6–1
Summary
The Ripley Board of Mayor and Aldermen approved a conditional sale of about 130 acres in Walker Industrial Park to a company proposing a data‑mining operation, contingent on TVA approval and agreement from the building owner; the vote was 6–1. The board cited potential tax revenue, broadband expansion and high‑paying tech jobs as possible benefits.
The Ripley Board of Mayor and Aldermen voted 6–1 to approve a process to sell roughly 130 acres in the Walker Industrial Park to a company proposing a data‑mining operation, contingent on federal utility authority approval and final agreement from the building owner, the board said.
The board’s approval, moved by Alderman Miss Austin and seconded by Alderman Mister Thompson, allows city staff to finalize sale terms provided the buyer secures Tennessee Valley Authority (TVA) approval and the Feist/FICE building owner agrees to the terms. "They would like to close by the end of the year and have something going within 4 months of payment," Mayor Pichy said during the meeting.
Why it matters: city leaders said the buyer’s operation is equipment‑intensive but could produce meaningful tax revenue, expand Ripley Power…
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