The Bristol Virginia City Council will hold a public hearing Tuesday August 28th concerning their plans to borrow money and build a large retail development on Lee Highway. The City Council wants to issue 25-million dollars in general obligation bonds to buy the 140 acres between Interstate 81’s Exit 5 and the railroad overpass near Alexis Drive. The project would qualify if 2-thousand jobs, 1-million annual visitors and 5-million in state sales taxes could be produced but the city also must contribute property or infrastructure that represents 20 percent of the total development cost. State funding could be arranged through an application process but must be approved by the Commonwealth Transportation Board. (bg)