Information from WYSH Radio

It has already been a banner week for Lake City.

On Monday, the Anderson County Commission’s Operations Committee voted to recommend purchasing the old Bank of America building in Lake City for $100,000 using part of the proceeds of the pending sale of county-owned land to the Hollingsworth Company for $303,000. The remaining $203,000 would be used as seed money for the start-up Anderson County Economic Development Fund. Supporters of the bank building purchase foresee using it as the new home of Coal Miners’ Museum as well as for storage and use as a satellite office for some county government entities.

Now, PlanET, a regional partnership of East Tennessee communities in Anderson, Blount, Knox, Loudon, and Union counties, has selected Lake City as one of its so-called Demonstration Project sites. The program will be funded through the Plan East Tennessee Grant and leverage in-kind services from the East Tennessee Community Design Center, or ETCDC, and the University of Tennessee School of Agriculture. [Read more…]