Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Economic Development topic
No spam. Unsubscribe anytime.
Plan commission finds Liberty Estates West redevelopment resolution conforms to comp plan
Summary
The commission voted 7–0 to find that a redevelopment commission resolution for Liberty Estates West conforms to Maryville’s comprehensive plan; commissioners discussed developer‑back bonds and proposed street improvements funded from a prior bond issue.
The Maryville Plan Commission voted unanimously to determine that a resolution adopted by the Maryville Redevelopment Commission for the Liberty Estates West Economic Development Area conforms to the town’s comprehensive plan.
Commission discussion noted this was the second step in a multi‑step process. Commissioners referenced an initial $10 million developer‑back bond and a subsequent request from the developer for a $20 million developer‑back bond to finance infrastructure; the commission also referenced a prior $33 million bond issue, part of which (up to $12 million) is slated for Whitcomb Street improvements. The redevelopment commission and town council are expected to take subsequent steps if this determination is favorable.
Sean Pettit moved to approve the resolution as read; the motion was seconded and passed on a 7–0 roll call. The commission’s finding sends the matter to the town council and back to the RDC as the process continues.
