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Board of Commissioners · December 18, 2023

R-23-12-901

Approve Economic Impact Plan for "Prosperity Crossing" TIF development

CONSIDERATION OF A RESOLUTION OF THE COMMISSION OF KNOX COUNTY, TENNESSEE, APPROVING AN ECONOMIC IMPACT PLAN FOR TAX INCREMENT FINANCING, SUBMITTED BY THE INDUSTRIAL DEVELOPMENT BOARD OF THE COUNTY OF KNOX IN CONNECTION WITH A MULTI-USE DEVELOPMENT KNOWN AS "PROSPERITY CROSSING" LOCATED OFF EL CAMINO LANE IN KNOX COUNTY, TENNESSEE NEAR THE WATT ROAD INTERCHANGE ON I-40/75.

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On December 18, 2023, the Knox County, TN Board of Commissioners adopted “Approve Economic Impact Plan for "Prosperity Crossing" TIF development” by a vote of 11–0.

Unanimous Adopted 11-0-0-0

Part of Developer tax breaks (PILOTs)

Motion to approve Resolution R-23-12-901

Moved by John Schoonmaker · seconded by Kim Frazier

Topics: Zoning & land use

The vote as recorded

Aye · 11

Gina Oster District 3 Rhonda Lee District 7 Larsen Jay At-Large Seat 10 Kim Frazier At-Large Seat 11 Courtney Durrett District 2 Terry Hill District 6 Dasha Lundy District 1 Kyle Ward District 4 John Schoonmaker District 5 Richie Beeler District 8 Carson Dailey District 9

Public forum

The clerk’s minutes note 1 speaker at the public forum for this meeting.

A sign-up count from the minutes — not a measure of overall public opinion.

Minutes of the 18 December 2023 meeting

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