Nov. 25—CUMBERLAND — The Development Authority of Cobb County narrowly advanced a $159.5 million bond request this week for a mixed-use development and hotel across from Truist Park.
The bond inducement resolution — the first formal step toward a bond issuance and tax breaks — passed 4-3, with board members J.C. Bradbury, Karen Hallacy, and Jamala McFadden opposed.
The trio pointed to open questions about the number and quality of jobs that would be created by the project, with Bradbury and Hallacy adding they believed the proposal by developer Goldenrod Companies would be built with or without public financing.