EPB Says Success Of Fiberoptics Program Helps Schools, Local Governments

Friday, February 22, 2013

Thank to the success of its fiberoptics division, EPB is infusing more cash into the county schools and local governments, officials said Friday.

Greg Eaves, finance director, said EPB paid over $6.1 million in lieu of taxes to the city of Chattanooga.

He said $622,000 of that amount was from the division that includes TV, phone and Internet.

There was another $2 million to other local governments, including about $800,000 to the county, he said.

Harold DePriest, EPB president, said, "We are able to give more money to the schools, and that's good news."

Officials said over 20 percent of the in lieu of taxes payments are now coming from fiberoptics, which now has nearly 174,000 customers.

Mr. Eaves said fiberoptics still has a debt of $66.7 million, but he said that is being paid down by several million dollars per year.

Fiberoptics had $6.8 million in revenues in January.

Mr. DePriest said it has grown from 50 employees to 150. He said that number should stay at about that level - at least until new orders for service start slowing down.

He also said that the Smart Grid helped keep customers online in two recent instances.

In one case, he said it was 100 percent effective in preventing an outage.

In another - when a tree fell on a main line on Pineridge Road - he said the Smart Grid kept all but about 500 customers with power out of 12,000 on the line. He said a dispatcher was able to get the other 500 back in service within a few minutes.


Electrify Africa Bill Passes Senate Foreign Relations Committee

U.S. Senators Bob Corker, Ben Cardin (D-Md.), and Chris Coons (D-Del.), all members of the Senate Foreign Relations Committee, Thursday praised committee passage of the Electrify Africa Act of 2015 (S.2152), which was also cosponsored by Senators Marco Rubio (R-Fla.), Ed Markey (D-Mass.), Jeff Flake (R-Ariz.), Johnny Isakson (R-Ga.), and Lisa Murkowski (R-Alaska). With nearly 600 ... (click for more)

More Than 800 Economic Development Leaders To Attend 62nd Annual Governor's Conference On Economic And Community Development

The 62nd Annual Governor’s Conference on Economic and Community Development will be held Oct. 13-14 at the Renaissance Hotel in downtown Nashville. The conference theme will focus on “Team Tennessee” showcasing how the state’s workforce, education and transportation systems are aligning to support Tennessee’s overall economic development mission. This year’s conference will ... (click for more)

Woman Stabbed To Death On Hooker Road; Man Injured

A young woman was stabbed to death on Hooker Road early Friday morning and a man was injured. At approximately 1:54 a.m., Chattanooga Police responded to a stabbing at the 4000 block of Hooker Road. There police located an unidentified black female, believed to be in her twenties, deceased. A second person, an unidentified black male, was transported to a local hospital ... (click for more)

World Class Guitar Collection To Go On Display At The Choo Choo

A world class guitar collection is set to go on display permanently at the Chattanooga Choo Choo. "Songbirds," which is built around the collection of Lookout Mountain businessman Thorpe McKenzie, was introduced to the public on Thursday night. Invited guests at the Choo Choo heard Nashville guitar star Doyle Dykes perform in the Choo Choo's new Revelry Room. He played some ... (click for more)

Regulations As A Whole On Signal Mountain

A few years ago I was flying over Chattanooga on my way to Atlanta.  The sun had just come up and I enjoyed picking out Signal Mountain’s location, on Walden’s Ridge, in the morning light.  What was amazing was that I could not tell that a town existed under the tree canopy.  I hope that the same can be said 10, 20, or even 50 years from now.  During last ... (click for more)

Roy Exum: We Must Learn To Tell

On July 4th of this year, FBI agents – acting on a tip -- arrested Alexander Ciccolo, a 23-year-old with known mental problems, as he carried a duffel bag full of automatic-attack weapons. Moments before, he had bought the illegal firearms from an undercover informant outside of Boston. As agents later scoured his apartment, they found bomb-making equipment including a pressure ... (click for more)