from The Lebanon Democrat::Dec. 16, 2008
Bible Park hits bump in the road
By: J.R. LIND
December 16, 2008 – A major part of the funding plan for the
Bible Park failed by one vote of the Wilson County Commission, and
officials behind the plan said they will be examining their options
over the holidays.
A resolution instituting a 5 percent privilege tax within the confines
of the proposed park failed to get the 17 votes needed from the county
commission, falling short by one vote, 16-7. Two commissioners
– Gary Tarpley and Paul Abercrombie – were absent
from Monday's meeting. Both voted for the resolution on its first
reading in November.
State law requires the privilege tax resolution to receive a two-thirds
majority of the commission on consecutive readings. Under the park's
financing plan, the privilege tax would be captured and used to retire
between $35 and $45 million in bonds.
"Right now, frankly, I'm a little surprised," said Ron Wyatt of EDG,
the park's developers. "We are going to be a major employer for many
people locally."
Wyatt said the Bible Park team would take some time to decide its next
step. The commission could take up the resolution at its January
meeting, but would have to pass it by two-thirds at both that meeting
and the February session.
Bonds for the park would have to be approved by the Industrial
Development Board, and park developers had planned to go to the IDB in
early 2009.
In other business, the commission approved a resolution asking Reps.
Jim Cooper and Bart Gordon to include a new Lebanon High School in an
economic stimulus plan.
President-elect Barack Obama has repeatedly announced his intention for
the next round of stimulus to be based on infrastructure and building
projects.
The commission also voted to institute a plan to eliminate two
part-time judicial commissioners and create a new full-time
commissioner instead. The commission also gave approval to a proposal
by Commissioner Clint Thomas to create a committee to examine the
possibility of creating a human resources department for the county.