Target™ Superstore in Cookeville Tennessee

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Author: Will Bowling

Started: December 12, 2008, 11:10:07 am

Target: Target Brands, Inc. - (Putnam Co.) Cookeville, TN

Category: Economy & Business

Supporters:

Goal:

100,000

Goal Progress:

Status

Active

In 2000, the Federal Reserve wrote an article to prospective municipal bond buyers pursuant to an upcoming bond issue for the City of Cookeville. I have taken the liberty of presenting that article herein with updated information. Jim Shipley, City Manager:

Putnam County is a rapidly growing area located in the eastern portion of middle Tennessee. The county is home for some 62,000 people and its largest city, Cookeville, has about 26,000 residents. Tennessee Technological University is located in Cookeville and provides excellent educational opportunities for some 8,500 students.

The area's growth may be documented by analyzing a number of economic data series that are available on the local level. Putnam County's population has increased by 21 percent since 1990. According to the American Chamber of Commerce Researchers Association, Cookeville is one of the top 5 most economical cities in the nation. (4th quarter of 2002)

Total employment in the county has increased by 26%. Non-manufacturing jobs increased 42% during the last ten years.

The result of this population and job growth may be seen in other economic indicators. Bank deposits in the County have increased by 62% while local sales tax collections increased by 128%. Assessed value of property increased 111%.

(Source: http://tr.im/27en )

Wal-Mart is all we have currently. There is so much potential for Putnam county, yet it seems it is still under debate to add a Target in the area. Please spread the word and SIGN THIS PETITION! Even if you DONT live in this area. Cmon folks, we have one option for shopping! ONE! Wal-Mart! Please send this petition to your friends. Good luck!