Jackson City Council discusses Great Wolf progress, more during monthly meeting

JACKSON, Tenn. — The Jackson City Council held their regular monthly meeting Tuesday morning.

One week ago, we were sent the agenda for Tuesday’s city council meeting.

On this agenda were items regarding the $36 million in bonds that the Budget Committee spoke about in November.

Monday afternoon, a revised agenda was sent out and the revisions omitted discussion about the bonds. Mayor Conger says some council members still have questions about this topic.

“Instead of trying to, one-on-one, go through and answer the questions and making sure everybody understands the procedure, what the plan is — kind of take a step back going into January. I’ll discuss with Nathan about having a work session with some of the council and get them all together so that we’re not having to answer the same question multiple times on phone calls, emails and things like that,” said Mayor Conger.

We asked Mayor Conger if the bonds were approved, how would the city plan on paying them?

“So you’ll see revenue growth from property tax, sales tax, hotel/motel tax, it grows every year so we’ll see our revenue grow. Every year, like we’ve talked about several times in our budget, we underestimate revenues and overestimate expenses,” said Mayor Conger.

We also asked if it was a realistic thought that the revenue would equal out the additional payments the city would make from these bonds.

“I think it’s reasonable, yes” Mayor Conger responded.

There was also some talk about the Great Wolf progression.

“They’re doing site work now. Then they’re working on their funding and all that goes in with that. They’re not building a house. Their minimum cost on this is $150 million. That’s the minimum cost. This is a major resort that they are constructing so it takes a little time to do that” said Mayor Conger.

The council also approved a Single Stairwell Housing Ordinance on its first reading Tuesday morning. This is something they are adopting from the state, and are one of the first cities to do so.

We will update you when a work session is scheduled for the city council to discuss the issuance of bonds.

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Categories: Local News, Madison County, News