Updated: Monday, 18 Mar 2013, 3:27 PM CDT
Published : Monday, 18 Mar 2013, 3:27 PM CDT
DECATUR, Ala. (AP) — The Decatur City Council has approved a development proposal that is expected to bring about 4,000 new jobs to the area.
WAFF-TV (http://bit.ly/16F6CqJ) reports the council voted 4-1 Monday to approve a $40 million Sweetwater development poised to bring retail and restaurants to the area.
The city will pay $12 million for land and infrastructure and the company is set to receive $28 million in tax rebates to build the development near the I-565 and I-65 interchange.
The company is planning a 535-acre town center that incorporates restaurants, offices, hotels, medical services and retail — anchored by a Bass Pro Shops Outdoor World store and restaurant.
Information from: WAFF-TV, http://www.waff.com/