Airport Authority Approves $10 Million In Revenue Bonds, But Gives No Details On Project

Wednesday, January 8, 2014
TAC Air as seen from Airport Authority board room
TAC Air as seen from Airport Authority board room

In a 10-minute meeting, the Metropolitan Airport Authority at a special called meeting on Wednesday afternoon voted to approve up to $10 million in revenue bonds.

According to the resolution, the bonds will be used to acquire real property to be used for airport parking, an airplane ramp and other unspecified uses.

The bonds are expected to be used for the purchase of the TAC Air property at the airport, but there was no mention of TAC Air at the brief meeting.

Airport spokesman Albert Waterhouse said, "The board of directors has put additional financing in place so the airport can continue to strategically expand to meet the future needs of our customers. We will have more details about our plans at Friday's meeting."

Terry Hart, airport president, said there will be another meeting on Friday at 2 p.m. to authorize the bonds.

TAC Air has been critical of the airport management since it decided several years ago to build the rival Wilson Air Center. Wilson Air since that time has lost over $1 million.

Attorney Hugh Moore said the city has no liability in connection with the airport bonds. He said the city or city taxpayers are not liable "in any way."

The maximum interest rate would be 4.99 percent.


Employee Who Was Terminated By WUTC After Legislator Complaints To Take Part In Protest At UTC

A former employee of WUTC who was fired after state legislator complaints over a story will take part in a protest of the action on Wednesday. UTC Student Activists For Equality said the 3 p.m. protest will begin outside Hunter Hall and march to the doors of the WUTC office at Cadek Hall.  They said there will be several community members speaking, including Jacqui ... (click for more)

Man Wanted In Bradley County Arrested In Washington, D.C.

The Bradley County Sheriff's Office was informed by the Washington, D.C. Police Department that El Hadji Alpha Madiou Toure was arrested for his involvement in a first-degree murder in Washington, D.C. Further investigation by detectives determined the male had several aliases which include Elie Brown and Elhadji Alpha Madiou Toure, who is wanted by the agency for an outstanding ... (click for more)

Slaxxon Regret - And Response

Back in the seventies my three oldest brothers had a buddy named Steve Slack. “Slack” was a star soccer player at Baylor and he grew up on Lookout Mountain, which is where I grew up. He and Jimmy, Henry and Bill went to the University of Virginia where they were roommates in an old, beat up house that was painted pink. Naturally, the place became known as the “Pink Palace” but lest ... (click for more)

Roy Exum: Oh Yes, I Loved West

One of my most beloved friends died early Saturday morning at the age of 67. Then again, West Oehmig’s only brother – King – died a couple of years ago at 63 so it wasn’t by happenstance I remembered Abraham Lincoln’s famous line: “In the end, it’s not the years in your life that count, it’s the life in your years.” Here are two brothers who lived larger than any other pair I can ... (click for more)

Central's Parrott Throttles Ooltewah With 1-Hit Shutout

Ooltewah looked like it was still on spring break. Central was sharp, Brooke Parrott dazzling, Mikayla Gill swung the bat well and the Lady Pounders played like an unbeaten, once-tied ballclub. Parrott threw a one-hit shutout – the hit was a wind-blown pop on the infield – and Gill slapped a two-run double off Kayla Boseman to right-center field in the third inning and ... (click for more)

Notre Dame Thumps Bledsoe Co., 11-1

The Notre Dame baseball team was in a race of a different kind Monday evening and the Fighting Irish came out on top in all three categories. Facing the Bledsoe County Warriors at Notre Dame’s Hunter Field, the Irish beat the rain, they got finished before dark and most importantly, beat the Warriors 11-1 in five innings as they improved to 4-2 overall with the same record in ... (click for more)