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Wednesday, March 22, 2017

Grant for development of industrial site at I-40 and 127-N received for Interchange Business Park.

Mayor James Mayberry announces the successful award for the Crossville's industrial site grant.

Said Mayberry, “The City appreciates the confidence of the State of Tennessee in awarding this grant. Cumberland County and the Crossville-Cumberland County Chamber of Commerce have been invaluable partners in this project, the property evaluation program, and economic development. Our community's recent redirection and focus on economic development was jumpstarted by the Horizon Initiative in 2015, an innovative project and collaborative effort between the City of Crossville, the City of Pleasant Hill, the City of Crab Orchard, Cumberland County, Crossville-Cumberland Chamber of Commerce, and educational entities in Cumberland County, Tennessee to develop a comprehensive strategy designed to guide our growth and movement. We look forward to what the future holds for Crossville and Cumberland County in this next step in economic and industrial development.”

The grant is for $500,000 with the city and county both committing $250,000 each to complete the project. 

The proposal is to use a 20 acres site in the Interchange Business Park 
to have a location ready for the construction of a 200,000 square foot building 
with space for loading docks and parking ready for construction to start.

In addition, funds were awarded to the Plateau Partnership Park in Westal. Plateau Partnership Park was awarded $469,350 for construction of the primary access into the park, construction of access road to the site of the proposed wastewater treatment facility, and grading of the wastewater treatment facility site

The official announcement from state is below:

GOVERNOR HASLAM, COMMISSIONER ROLFE ANNOUNCE 
18 COMMUNITIES TO RECEIVE SITE DEVELOPMENT GRANTS 
Grants to prepare industrial sites for market 

NASHVILLE – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bob Rolfe announced today that 18 communities and local organizations will receive $6.2 million in Site Development Grants. 

The Site Development Grant program, part of the larger Rural Economic Opportunity Act passed in 2016, helps communities prepare industrial sites for businesses. 

“Providing more opportunities for citizens in rural Tennessee is one of our top priorities and with the assistance of the Site Development Grants, the rural communities receiving these grants will be ready for investment and economic success,” Haslam said. “We are strengthening our future workforce through programs like Tennessee Promise, and I look forward to seeing these 18 communities succeed and grow for the next generation of Tennesseans.” 

“I want to congratulate all 18 communities on being awarded the Site Development Grants,” Rolfe said. “These grants are designed to assist rural Tennessee communities to be better equipped for economic growth. We are proud to see these communities investing in themselves and anticipate seeing each community thrive in our state.” 

The grants assist communities in finalizing infrastructure and site improvements for Select Tennessee Certified Sites and sites that will go through the site certification process. The projects prepare the sites for new business operations and jobs. In total, 33 communities have been awarded Site Development Grants with 15 communities receiving the grants in 2016.

“With the help of the Rural Economic Opportunity Act and these Site Development Grants, communities receiving these funds will be one, two and three steps closer to investment and growth. I am excited to see our rural communities have the opportunity to submit sites and compete on an even bigger level than before," Amy New, TNECD assistant commissioner of rural development, said.

The Site Development Grant is part of the suite of Select Tennessee programs and works in conjunction with the Site Certification program. An advisory committee of staff from TNECD, the Tennessee Valley Authority, the Tennessee Department of Environment and Conservation, the Tennessee Department of Transportation and the U.S. Department of Agriculture selected these 18 sites from a pool of 28 applications. 

The application process was competitive with grants awarded based on benefit to the community, economic impact, leveraged resources, and ability to implement a successful project. 

Each application was supported by the community’s senator and representatives in the Tennessee General Assembly.

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