[Congressional Record (Bound Edition), Volume 145 (1999), Part 6] [Extensions of Remarks] [Page 8387] [From the U.S. Government Publishing Office, www.gpo.gov]CONSENT OF CONGRESS TO THE CHICKASAW TRAIL ECONOMIC DEVELOPMENT COMPACT ______ HON. ED BRYANT of tennessee in the house of representatives Tuesday, May 4, 1999 Mr. BRYANT. Mr. Speaker, as we move into the 21st Century, there is a need in our rural communities to find new revenue sources to keep up with the constant changes of our high-tech and booming business community. This scenario rings true in many areas of rural Tennessee. Several of the counties within the seventh-district are doing what they can to attract businesses to their communities to provide jobs and revenue to help their counties, cities, and towns grow in the new century. That is what we have in front of us today. The Chickasaw Trail Economic Development Compact gives Congressional consent to an interstate compact between Tennessee and Mississippi that will promote interstate cooperation and economic development in an area straddling Fayette County, Tennessee and Marshall County, Mississippi. Under the bill, the Chickasaw Compact would conduct a study to determine the feasibility of establishing an industrial park in this area. Should that study turn out to be favorable, the states would then negotiate a new compact implementing the details needed to establish a 4,000 to 5,000 acre industrial park. This location is adjacent to metro Memphis, which is shot of available land for future industrial growth, and it is hoped that the development would attract sophisticated high technology industries to the area. The compact has already established a board of directors representing the two states, the two counties and the private sector. Financial support from local, state and federal sources have allowed the project to proceed with an initial feasibility study. ____________________