A three-county regional business park in Scott County appears to be dead Tuesday after one of the cities involved in the project rejected the proposal.
The Georgetown City Council voted 6-2 Monday to reject an inter-local agreement creating an authority to oversee a three-county business park on 500-acres in Scott County.
A spokesperson for the regional effort said without Georgetown’s support, the project is now off the table.
According to a statement issued Tuesday: “The regional group worked for over a year to collaborate and bring in over $6M (million) in state matching funds and more in federal dollars for a regional business park that would have created 1,400 direct jobs and generated substantial tax revenue.
“Although there ultimately was not enough support from the respective legislative bodies to move the project forward, the partners want to express sincere gratitude to the many community members, local officials and business leaders who got behind the initiative,” according to a written statement.