Wednesday, June 19 2013 12:02 PM EDT2013-06-19 16:02:24 GMT
A fire damaged a Florence plant early Wednesday morning. Investigators said all workers were accounted for, after the fire at the Fiberex plant on Parkway Drive. Investigators told WAFF 48's Marie WaxelMore >>
Investigators are looking for the cause of a fire that damaged a Florence plant early Wednesday morning.More >>
Wednesday, June 19 2013 8:49 AM EDT2013-06-19 12:49:43 GMT
A new study ranks Alabama 19th among in the states in the amount of federal funding that goes into the state government's general revenue. The study by the Tax Foundation says federal funding accountsMore >>
A new study ranks Alabama 19th among in the states in the amount of federal funding that goes into the state government's general revenue. More >>
DECATUR, AL (WAFF) -
A multi-million dollar deal to bring more places to shop, work and eat in Decatur is back on the table.
Decatur is putting up $12-million for land and infrastructure and $28-million in sales tax rebates to build Sweetwater development at the corner of the I-565 and I-65 interchange.
If approved, the 125 acre site would include a hotel, restaurants, and an anchor store.
Mayor Don Kyle spearheaded negotiations for the Sweetwater site in 2008, but the deal tanked when the economy started to tank
Kyle said the city is ready to try again.
"I don't know our investment alone will make the project work from the developers' standpoint, so as we see some of the final drawings, things required of utilities and infrastructure, we hope those other entities will participate with us," he said.
If the Sweetwater deal goes through, it could create 4,000 new jobs.
Kyle will not say what major store will go into the development.
Crystal Brown, Director of Business Development for the Decatur/Morgan County Chamber of Commerce, said the deal could be sweet for the city while encouraging locals to stay in town.
"It will help us fill retail gaps that we know have been there that encourage people to shop outside of our area," she said. "It will help fill those spots and give us options we haven't been able to provide."
The Decatur city council will vote on the incentive package next Monday.