Crossville city council selected 2 representatives for the oversight of the Horizon funding program funded by private donations along with funds by the city and county totaling $200,000 towards economic development.
During discussion of the item, the chamber's Brad Allamong reported to the council that the chamber had collected more then the full amount of $120,000 in the bank, one of the requirements to receive the city $40,000 funding match. The other requirement approved at a previous council meeting was the appointment of one or two representatives to the oversight committee.
Council members L-R Danny Wyatt, Mayor James Mayberry, Pamala Harris, Jesse Kerley
While the funds have gone to the chamber of commerce, the funds are reserved only for use on the Horizon Initiative funding program spelled out in fund raising efforts. According to Allamong, the funds will not be used for general chamber operation.
The funding will be used for a target market analysis costing between $100,000 and $150,000 to study the area and determine industries that would be likely to find Cumberland County a good match for their business.
Workforce development strategies would be studied at an estimated cost of $15,000 to address the many issues revealed by the visioning meetings held. Some expected projects include supervisor training, study of daycare needs, work ethics and mentoring and support for a community wide anti-drug coalition.
Up to $48,000 will be used to fund a basic economic development office. Up to $30,000 would be spent on a study looking at the feasibility of further fund raising for Horizon programs.
A number of names were placed into nomination to represent the city on the oversight committee of the funding and with the votes of the four council members present, Anne Looney and Ray Evans were selected.