Prattville City Council approves mall incentives

By: Associated Press
By: Associated Press

PRATTVILLE, Ala. (AP) - The Prattville City Council has approved
an incentives package to bring a new shopping center to town.

Tuesday night, The 5-2 vote opens the door for the Exchange at
HomePlace, a 266,000-square-foot shopping center anchored by
Academy Sports and Outdoors, Hobby Lobby and Kohl's.

The incentives package includes the city refunding half of its
share of sales tax collected at the center, up to $9 million, to
help pay for construction.

A one-hour public hearing was held before the council meeting to
allow people to express their views. The opinions offered were
equally divided between backers and opponents.

Mayor Jim Byard welcomed the vote's outcome, saying the project
would bring retail growth and an increase in sales tax collections
to the city.

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