Developers ask Troup County to extend TAD No. 6 by five years
Developers and county staff requested a five-year extension for Tax Allocation District (TAD) No. 6 covering the Selick (311 acres) and Jeff Foxworthy (65 acres) tracts, saying Corps permitting and changed developer plans forced a restart of due diligence.
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Kent Walker of Sealac Enterprises asked the board to extend the deadline for TAD No. 6 by five years so the developer can finish required due diligence and permitting. The tracts at issue include the 311-acre Selick parcel and a 65-acre tract referred to in the packet as the Jeff Foxworthy tract; Walker said years of permitting work (a DRI and a Corps of Engineers individual permit) took about 18 months and a previous developer contract fell through near the finish line.
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