Wednesday, November 17, 2010

Brief Agenda For City Council Meeting

The Cookeville city council has a brief agenda as they meet in regular session Thursday night.  The council will mostly be discussing the Highlands Business Park, a more than 300-acre development south of I-40, whose cost is being shared by the city of Cookeville and Putnam County. The city is scheduled to open bids today from companies who have expressed interest in extending roads, utilities and other pieces of infrastructure into the park.  Council members will be talking about whether they want to pay for the cost of development through a new kind of bond issue -- one that city officials say could save them nearly $200,000 in interest over about twenty years.