Decatur City Council Approves $40M ‘Sweetwater’ Deal
DECATUR, Ala. (WHNT) – Big bucks in the River City. Decatur’s mayor and city council are hoping a development deal delivers money to the city hall’s front door. WHNT NEWS 19 talked to city councilman who believes Decatur now has what it needs to make a ‘sweet’ deal.
A day filled with scattered rain drops somehow offered rays of sunshine to the city of Decatur.
‘It is kind of like the next phase in what we were trying to accomplish in getting an agreement for the city council to move forward to enable the mayor to negotiate,” said Decatur City Councilman Chuck Ard.
Ard and three other members of the Decatur City Council voted in favor of the $40 million development deal. One other council member did not want the deal to get off the ground. The River City’s new hot spot will include a large retailer, hotel and several restaurants.
“We believe this will be a destination or regional type retailer that will bring people who are traveling up and down I-65, all parts of north Alabama and southern Tennessee,” added Ard.
Ard knows people want to know what will go at the site near the Interstate 65/565 interchange, but even he does not know.
“They don`t want their plans known by their competitors until they can make an announcement,” added Ard.
Ard told WHNT NEWS 19 the anchor stores built as part of the Sweetwater deal will have a 20-year contract to remain at the location.