THE WALKER COUNTY DEVELOPMENT AUTHORITY WILL HOLD A PUBLIC MEETING MONDAY ON THE ISSUANCE OF ECONOMIC DEVELOPMENT BONDS TO BUILD A HOTEL AND CONFERENCE CENTER ON LOOKOUT MOUNTAIN, AT CANYON RIDGE.
   

15-MILLION DOLLARS HAS BEEN MADE AVAILABLE FOR THE PROJECT BY THE GEORGIA DEPARTMENT OF COMMUNITY AFFAIRS.   THE MONEY COMES FROM THE FEDERAL STIMULUS PLAN… AND WAS APPLIED-FOR BY THE COUNTY IN SEPTEMBER. 
   

THE TOTAL COST OF THE PROJECT IS LISTED AT 56-MILLION DOLLARS… WHICH INCLUDES BOND FUNDING AND PRIVATE INVESTMENTS.   THE PLAN IS TO BUILD A 150-ROOM HOTEL AND CONFERENCE CENTER ADJACENT TO THE EXISTING GOLF COURSE AT CANYON RIDGE.   WALKER COUNTY WILL NOT BE BUYING THE GOLF COURSE… BUT THE DEVELOPMENT AUTHORITY WILL HOLD TITLE TO THE CONFERENCE CENTER PROPERTY UNTIL IT IS PAID IN FULL.
   

COUNTY OFFICIALS SAY THE PROJECT WILL CREATE 250 JOBS… AND ADD CONSIDERABLE VALUE TO THE TAX DIGEST.  THE PUBLIC HEARING STARTS AT NOON MONDAY AT THE WALKER COUNTY CIVIC CENTER.