CHA Sets Special Meeting Tuesday Morning To Authorize Sale Of Tubman Site

Monday, March 10, 2014

The Chattanooga Housing Authority board has set a special meeting on Tuesday morning "to consider authorizing CHA staff to proceed with the sale/disposition of the Harriet  Tubman Apartments."

The meeting is at 9 a.m. at CHA headquarters on Holtzclaw Avenue.

The CHA recently was considering the offer of a private firm for the Harriet Tubman Apartments rather than a city of Chattanooga offer.

An initial agenda of the CHA at that time called for the board to "consider authorizing the CHA staff to proceed with the sale/disposition of the Harriet Tubman Apartments to Barbara Szymanska of Lakewood Development Fund 3 LLC at $3.3 million with $100,000 cash earnest money upon execution of contract."

The item was later pulled.

Officials said at the time, "We realized after a late afternoon conversation with the broker that some contingencies of the offeror needed to be further addressed."

A $2.8 million offer from Lakewood was earlier accepted by CHA, but that deal fell through.

Mayor Andy Berke then sent an offer to the Chattanooga Housing Authority of $1 million, plus the Poss Homes site, for the Tubman property.

Mayor Berke said the plan would be to demolish the structures at the former CHA housing development and market the property for light industry.

The Poss Homes site includes 19.9 acres near I-24 and Howard School.

Mayor Berke said the total value of the city offer was $2.87 million.

The city made an earlier offer for the Tubman site, but CHA instead opted for the private developer.


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