published Tuesday, March 11th, 2014

Chattanooga City Council approves tax breaks for Coca-Cola Bottling Co.

Chattanooga City Council unanimously approved tax breaks for the Coca-Cola Bottling Co. set to build a new distribution center at the former Olan Mills site.

City officials also voted to rezone the property to make way for new facility that Chattanooga Coca-Cola has pledged to spend $62 million and bring 43 new jobs to the city over the next year.

Both Chattanooga and Hamilton County, if approved by the commission, will offer an estimated $5.9 million in tax incentives over the next 12 years. This agreement would give the company two years relief from paying property taxes, except for funds to the school system.

about Joy Lukachick Smith...

Joy Lukachick is the city government reporter for the Chattanooga Times Free Press Since 2009, she's covered breaking news, high-profile trials, stories of lost lives and of regained hope and done investigative work. Raised near the Bayou, Joy’s hometown is along the outskirts of Baton Rouge, La. She has a bachelor’s degree in mass communication from Louisiana State University. While at LSU, Joy was a staff writer for the Daily Reveille. When Joy isn't chasing ...

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