News & Notices
NASHVILLE, Tenn., September 23, 2015–Sumner County received a Local Government Award at the Annual Business meeting of the Greater Nashville Regional Council (GNRC) that was held on September 22nd in Clarksville.
The county received an award for Economic Development in Tourism, recognizing the annual Sumner County Farm to Table Dinner hosted by the Sumner County Convention and Visitors Bureau. For the past three years, the county’s bureau has worked with Hendersonville Produce and with local farmers to create a dinner atmosphere, showcasing the meal’s locally-grown produce, meats, and wine, which has proven to be a great success for agritourism by educating dinner guests on the agricultural riches that Sumner County offers. Proceeds from these events are given to the Vol State Community College Scholarship Fund to benefit area students.
“Sumner County continues to demonstrate excellence in economic development through tourism, which serves as a great example to other communities in the Greater Nashville region, “said Sam Edwards, Executive Director of the Greater Nashville Regional Council.
The GNRC is made up of the thirteen counties and fifty-two cities in the Nashville area. The Council provides planning and other assistance to member governments in economic development, transportation, solid waste, loans and grants for water and sewer systems, housing, small business loans, tourism promotion, air quality and services for senior citizens.
Press Release by Sumner County Government:
September 11, 2015
Sumner County is proud to announce the county has been approved for a designated Adventure Tourism District. The Tennessee Adventure Tourism & Rural Development Act of 2011 was created to promote job growth. The Adventure Tourism District certification is effective July 1, 2015 and is valid for a period of three years. Upon expiration of the three year period, the county must submit a new application for certification.
Sumner County’s Adventure Tourism District contains parcels located in Hendersonville, Gallatin, Goodlettsville, Millersville, Portland, White House, Westmoreland and parcels located in unincorporated Sumner County. The parcels included in the District are highlighted in purple on the District Map. Sumner County’s Adventure Tourism Business Plan lists activities that offer economic development opportunities. Sumner County is excited to receive the certification for the designated Adventure Tourism District. This approval will be an incentive to attract business investment and provides an opportunity for job creation in Sumner County.
The Adventure Tourism District designation will allow qualified businesses that locate within the district to earn a jobs tax credit to offset a portion of the business’ Tennessee franchise and excise tax liability. Qualified businesses may include restaurants, hotels, or other tourist related attractions. The qualified business must make a capital investment of at least $500,000, and create the required number of full-time jobs with minimum health care benefits under T.C.A. §67-4-2109. Businesses located within Tier 1 counties must create 25 jobs in order to qualify.
A business can apply for the credit through the Department of Revenue after the community they are in has been awarded Adventure Tourism District status. The business must file a business plan with the state; the form is available online through the Department of Revenue. The business can begin taking the credit once the number of jobs and investment required to qualify has been met within the investment period as specified in the business plan. There is no “deadline” to apply to the Department of Revenue, but the business application must be filed prior to taking the credit. The business investment period during which the investment must be made and jobs created cannot exceed thirty-six months. Each business should consult with the Department of Revenue regarding the specific timing of their investment/job creation as it relates to their business plan. Businesses can contact the Department of Revenue for questions, Randy Hilliard at 615-532-6912 or Karyn Hill at 615-741-9445.
TNECD ANNOUNCES SIX COUNTIES TO PARTICIPATE IN SELECT TENNESSEE PROPERTY EVALUATION PROGRAM
— The Tennessee Department of Economic and Community Development announced today the counties chosen to participate in the Select Tennessee Property Evaluation Program (PEP)
. Launched earlier this year, the goal of PEP is to improve the inventory of industrial sites and buildings in Tennessee by evaluating potential properties, advising counties on where investment may be most beneficial and what steps are needed to address issues. The counties selected are Carroll, Cumberland, Hamblen, Overton, Shelby and Sumner.
“Developing and maintaining industrial properties is one of the most vital things communities can do when it comes to potential business recruitment,” TNECD Commissioner Randy Boyd said. “By working with counties throughout the state to evaluate and improve their sites, we ensure that a steady pipeline of market-ready inventory exists for future economic growth.”
Based on the principles of the department’s Select Tennessee Site Certification Program
and with the assistance of the site selection firm Austin Consulting, PEP will benefit counties through emphasizing the importance of and assisting with planning for the future.
“The counties that go through PEP are committed to doing what it takes to make themselves more marketable, which in turn will increase their competitiveness to attract new business, investment and jobs,” TNECD Site Development Director Leanne Cox said. “I congratulate Carroll, Cumberland, Hamblen, Overton, Shelby and Sumner counties for being selected, and I look forward to working with them to help strengthen Tennessee’s recruitment efforts.”
“The Select Tennessee Property Evaluation Program is designed to help communities throughout the state with assistance from a site selection firm who has the ability to target properties for future industrial development,” Austin Consulting Managing Director Frank Spano said. “TNECD deserves special recognition for implementing this type of forward-thinking program that will assist all counties to critically assess new and existing industrial sites for the next generation of economic development.”
For counties selected to participate, the program includes: an educational webinar on the site selection process; a review and on-site visit by Austin Consulting; and a comprehensive assessment addressing each property’s strengths, weaknesses and recommended next steps to improve marketability.
Selection is based on the ability to demonstrate local need and market demand for industrial properties and also on the county’s ability to assemble viable properties with market potential.
The application process begins with the submission of a Letter of Interest
. Upon receipt of the letter, counties will be provided with the application. Completed applications for the spring 2016 round are due in March of next year.
- See more at: http://www.tnecd.com/news/228/tnecd-announces-six-counties-to-participate-in-select-tennessee-property-evaluation-program/#sthash.Uv294NMr.dpuf