Surety Bonding Workshop Set For Aug. 27

Thursday, August 15, 2013

The Urban League Entrepreneurship Center will hold a free Surety Bonding workshop on Tuesday, Aug. 27, from 11:30 a.m.-1 p.m., at the Urban League Office, 730 East M. L. King Blvd. 

The Urban League Entrepreneurship Center is partnering with the U.S. Small Business Administration, the city of Chattanooga’s Office of Multicultural Affairs and the Tennessee Governor’s Office of Diversity Business Enterprise.   The purpose of the workshop is to provide information to construction contractors and other type business owners who periodically have to meet surety bonding requirements in order to participate on larger size jobs.   

"Today many small and minority contractors and business owners are challenged with securing surety bonds for a variety of reasons such as previous job size experience, net worth, available financing, etc.," said Warren E. Logan, Jr., president and CEO of the Urban League of Greater Chattanooga.  "In addition to an explanation regarding SBA’s 90 Percent Guaranty Program, we will have some surety bonding agents available to answer questions regarding their underwriting requirements and what local contractors can do to meet those requirements.   This is especially important considering the city of Chattanooga and other opportunities that are on the brink of opening with an emphasis on small and minority business utilization.  The Governor’s Office of Diversity Business Enterprise will also be sharing contract opportunities available on the state level."


CBL & Associates Declares Common Stock Dividend And Preferred Stock Dividend

CBL & Associates Properties, Inc. on Friday announced that its Board of Directors has declared a quarterly cash dividend for the company’s Common Stock of $0.265 per share for the quarter ending March 31. The dividend is payable on April 17 to shareholders of record as of March 30.  The Board also declared a quarterly cash dividend of $0.4609375 per depositary share ... (click for more)

Covenant Transport To Pay $30,000 To Settle EEOC Disability Discrimination Suit

Covenant Transport, Inc. will pay $30,000 and furnish other relief to settle a disability discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission, the federal agency announced Friday.   The EEOC’s suit had charged that Covenant discriminated against an applicant for a commercial truck driver position on the basis of his disability. Covenant conditionally ... (click for more)

Dallas Bay Firefighters Save Home After Kitchen Fire, But 2 Dogs Die

Dallas Bay firefighters saved a home from burning to the ground on Saturday afternoon. Around 1 p.m., the homeowner called 911 reporting a house fire located at 1856 Cotter Road. Dallas Bay Volunteer Fire Department responded and arrived on the scene reporting heavy smoke pouring out the front door. Dallas Bay VFD requested a mutual aid response for Red Bank Fire Department ... (click for more)

Man, 39, Shot Late Friday Night In The Vicinity Of North Chamberlain Avenue

Police said a 39-year-old man was shot late Friday night in the vicinity of North Chamberlain Avenue.   He was identified as Ruben Williams Sr.   Officers with the Chattanooga Police Department were informed just before midnight that a shooting victim arrived at a local hospital via personal vehicle.   Officers made contact with the victim who advised ... (click for more)

CVB Should Share Financials With The Home Folks

The recent debate over the Convention and Visitor's Bureau's funding and budget has gotten ugly. A Hamilton County commissioner has asked questions and made comments about the CVB. The director of the CVB has organized a campaign to dismiss the commissioner's questions and comments. The children on the playground are choosing sides and nothing useful seems to be happening. It's ... (click for more)

Roy Exum: The Haggling Must Stop

Far be it for me to suggest the Hamilton County Commission and the School Board need to spend more time at recess but it was obvious this week the two groups need to work at being better friends. We have nine county commissioners and just as many corresponding school board members to work together for the betterment of one entity – Hamilton County. Everybody who thinks that is happening ... (click for more)