Lookout Mountain, Ga., May Finance Town Center From Federal Loan Pool

Thursday, November 21, 2013 - by Matthew Smisson
The Lookout Mountain, Ga., City Council may finance the long-sought town center from a federal loan pool.

The council and Mayor Sandy Gothard have been working on finance options for the town center development. Councilmen Jim Saborin and David Bennett reported about an important step they have made in securing financing for the development.

The two men have met with the USDA about financing the town center. The USDA offers a rural development loan program for communities under 20,000 residents for projects like the town center. One option from the USDA that the council is considering is a 40-year loan with a fixed rate with no penalty for early pay off. This type of loan would allow for the development of the town center to be affordable under the city’s current budget.

Because of the multi-month process in applying for potential financing, the council approved the measure to begin the preliminary application process. By completing the first part of the application process this would present to the USDA that the city is interested in financing the town center and would allow the council the time to finish details and costs to determine the exact amount needed for the development. The mayor plans on attending a conference in December for potential grants related to the town center project.

At the upcoming December meeting several citizens will present their ideas to the council about making some improvements to the current city hall and surrounding properties. The building is currently being freshened with new exterior paint.
City Manager Brad Haven presented the council with the latest information on the city’s current stormwater management. Mr. Haven said the city must finish its topography map of the city’s stormwater infrastructure. He stated that it is a requirement for the Environmental Protection Agency. He also said that it will be easier with this map to conform to state and environmental regulations and guide any new construction or development on the mountain. Mr. Haven said that the map is nearing completion and he hopes to have it finished very soon. The council approved the measures to complete the map.
The council approved two residents’ applications for business licenses. One is for Monogrammed Peak, an in home business operated by new resident Thomasene Todd who recently moved to Lookout Mountain from Greenville, S.C. The other license was approved for William M. Whitaker, an architect who operates his business from his home office.

Latest County Jail Booking Report

Here is the latest jail booking report from Hamilton County: ASHFORD, LARRY  3718 JUANDALE TRAIL CHATTANOOGA, 37406  Age at Arrest: 64 years old Arresting Agency: Chattanooga GAMBLING PROMOTION GAMBLING DEVICES --- BATTLE, FREDRICK LAMAR  HOMELESS CHATTANOOGA, 37407  Age at Arrest: 52 years old Arresting Agency: Chattanooga DOMESTIC CRIMINAL ... (click for more)

Upcoming City Council Agenda For Tuesday

Here is the upcoming City Council agenda for Tuesday: I. Call to Order. II. Pledge of Allegiance/Invocation (Councilman Hakeem). III. Minute Approval. IV. Special Presentation. V. Ordinances – Final Reading: FINANCE a. An ordinance to amend Ordinance No. 12953 known as “the Fiscal Year 2015-2016 Budget Ordinance” so as to appropriate $11,530.17 from the ... (click for more)

We Can Do Something About Mass Shootings - And Response

A friend posted his observation this morning that there was paranoia about reasonable gun laws. I know his heart is saying we have to do something about these mass shootings. Then while scanning the morning news shows I watched a pile o’ pundits from Al Sharpton to Donald Trump pontificate on doing “something” about the problem. Personally, I think there are plenty of gun control ... (click for more)

Roy Exum: How We Learned To Play

A couple of years ago I was reading a fascinating story that asserted the “Little Rascals” taught generations of children how to play with each other. When the comedy show about children in a poor neighborhood originated in 1922, there were just silent movies but in 1929, when the “talkies” were introduced, children and adults alike were mesmerized by the wonderful humor that producer ... (click for more)

Arkansas Ground Game Pounds Tennessee, 24-20

KNOXVILLE, Tenn. – At least Tennessee didn’t blow a double-digit lead late. Arkansas wiped out the Vols’ 14-0 lead in the first half in front of 101,265 fans at Neyland Stadium and went on to dump Tennessee, 24-20, Saturday night in Southeastern Conference football action. It was Tennessee’s second straight loss and the win snapped the Razorbacks’ three-game skid. ... (click for more)

PHOTOS: Tennessee Falls To Arkansas, 24-20