Corker Votes Against Bill On Homeowner Flood Insurance

Thursday, January 30, 2014

Senator Bob Corker,  a member of the Senate Banking, Housing and Urban Affairs Committee, released the following statement today after voting against S. 1926, the Homeowner Flood Insurance Affordability Act, which he said "delays for over four years much-needed reforms to the National Flood Insurance Program, a program that is already $24 billion in debt."

 

Senator Corker said, “Just a few months after the new flood insurance rates started to go into effect, rates that actually reflect a more reasonable estimate of the true cost of this federal program, the Senate caved to narrow parochial interests.

  If we really wanted to address the legitimate affordability concerns of some, we would have passed the Toomey Amendment, which phases in risk-based rates more slowly while providing FEMA and legislators the opportunity to consider and adopt an adequate means-testing program. We will never solve our nation’s toughest challenges if we can’t even live for a few months within the terms of the small reform measures we actually do put into law.”


Trent Development Seeks PILOT For $17 Million Highway 58 Apartment Project

Trent Development is seeking a PILOT (payment in lieu of taxes) tax break for a planned apartment complex on Highway 58. The Flats at 58 is a project costing over $17 million across from Linda's Produce and just up from Central High School. Alex Trent said rents will range from $595 for two-bedroom and $835 for three-bedroom. There will be 120 units in the complex that ... (click for more)

Building On South Market Near 20th Street To Be Auctioned Feb. 24

A building on South Market Street near 20th Street will be auctioned on Feb. 24 at noon. Marc Gravitt of Gravitt Auction said the owner has retired, moved out of town and must sell the property. He said, "This is a highly visible piece of real estate on the south end of Market Street near the 20th Street intersection. The building, built in 1997, has approximately 1,152 ... (click for more)

Boyd Says He Is Not On Witch Hunt Against CVB, But Intends To Seek Full Audit Of Agency; Graham Backs Visitors Bureau 100%

County Commission Finance Chairman Tim Boyd has told Chattanooga Visitors Bureau President Bob Doak that he is "not on a witch hunt" against the CVB, but he said he intends to seek a full audit of the agency. He said he was inspired to "take an even closer look" at the Visitors Bureau after he said Mr. Doak "unleashing a fire storm of emails condemning my accusations." ... (click for more)

Man, Child Killed In Crash On Highway 136 In Walker County; 2nd Child Who Was Seriously Injured Dies On Monday

A man and an unrestrained five-year-old child were killed when a vehicle went out of control on Highway 136 in Walker County on Saturday. A 10-year-old in the car was seriously injured, and later died on Monday. The driver was thrown from the van and was dead at the scene. The five-year-old was trapped in the vehicle and also died at the wreck site at Ponder Creek Road. ... (click for more)

Judge Doug Meyer Lived A Full Life Helping Many

I was sadden to learn of the death of Judge Doug Meyer.  Judge Meyer retired from the Criminal Court bench here in 2006.  Prior to that he had been the Chattanooga city judge for several years.  As a young attorney I tried many cases in front of Judge Meyer.  Also while I was awaiting my case to be tried, I would observe him on the bench.  Judge Meyer ... (click for more)

Roy Exum: Illegals Cost Us Billions

We learned over the weekend that John Kelly, our new Secretary of Homeland Security, has just prepared two strongly-worded memos that could greatly enhance federal authorities to detain and/or deport illegal immigrants both inside the United States and those caught at our borders. All rational United States citizens know we have a horrible problem with illegals – in 2010 the annual ... (click for more)