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 Smith is the city government reporter for the Chattanooga Times Free Press. Since 2009, she's covered crime and court systems in North Georgia and rural Tennessee, landed an exclusive in-prison interview with a former cop convicted of killing his wife, exposed impropriety in an FBI-led, child-sex online sting and exposed corruption in government agencies. Earlier this year, Smith won the Malcolm Law Memorial Award for Investigative Reporting. She also won first place in ...

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