Sale By City/County Of Former Army Reserve Center On 23rd Street For Trucking Equipment Operation Moving Forward

Wednesday, June 25, 2014

The city and county are moving forward on the sale of the long-vacant Army Reserve Center on 23rd Street.

The facility that sits on 4.2 acres will be bought by Rocky Top Enterprises of Nashville.

It will include a Stringfellow trucking equipment operation and also handle other equipment, including street sweepers and Heil garbage trucks.

Rocky Top Enterprises had the high bid of $157,348.

County Commissioner Joe Graham said that was below the appraised value, but he said the property would be going back on the tax rolls and the firm hopes to have 25 employees within five years.

He also said that he hopes a portion of the property at the rear that is not being sold will be put to use as a park for the Oak Grove community.

Commissioner Graham also noted that the firm is allowing the Vietnam Veterans of America to continue meeting at the site in a separate area from the business operation.


CBL Closes Long-Term Fixed-Rate Loan Secured By Ambassador Town Center

CBL & Associates Properties, Inc. on Thursday announced that it closed on a non-recourse $47.7 million loan secured by Ambassador Town Center in Lafayette, La. The seven-year loan bears a fixed interest rate of 3.22 percent and was provided by a new institutional lender. Proceeds from the loan were primarily used to retire the existing construction loans with an aggregate balance ... (click for more)

First Tennessee Bank Presents $50,000 Check To Ancla Insurance And Services

First Tennessee Bank’s Chattanooga Community Development Manager Tracee Smith and Cleveland Community President Mike Griffin presented Ancla Insurance and Services President Beth Underwood with a check in the amount of $50,000 at First Tennessee’s downtown office. The funds donated by First Tennessee will be used to enhance Ancla’s onsite computer lab and build on its lifestyle ... (click for more)

Darrel Eric Chapman, 49, Dies In Red Bank Home Destroyed By Fire; Case Ruled Arson/Suicide

Darrel Eric Chapman, 49,  died in a house fire in Red Bank early Friday morning after the homeowner said he was awakened by popping sounds. Red Bank Police Chief Tim Christol said the case is being considered an arson/suicide. He said, " At approximately 12:30 a.m., the Red Bank Fire and Police departments responded to a residential fire at 604 Bitsy Lane where they discovered ... (click for more)

Attorney Gets Misdemeanor Plea In 2nd Case Involving Sexually Harassing Waitress

A Chattanooga attorney who was charged for the second time with sexually harassing a waitress has pleaded guilty in General Sessions Court to a reduced charge. In the latest case, Charles D. Lawson had been charged with aggravated sexual battery after an incident at a local restaurant involving a waitress. Prosecutor Jason Demastus said Lawson pleaded guilty to the B misdemeanor ... (click for more)

Save Coolidge Park - And Response (2)

Last Monday morning while at work a good friend messaged me concerning a matter that I had not heard anything about dealing with Coolidge Park and its future. Apparently that night the City Council was to read an ordinance that would allow the mayor to start negotiations with the relocation of the Medal of Honor Museum. This ordinance would enable the city to lease approximately ... (click for more)

Roy Exum: Tipping The Preacher

I got an unusual telephone call the other day from someone I love who asked my help in solving one of life’s delicate mysteries. It is a tough question: “How do you tip a preacher?” In the first place, you never tip a preacher. It’s the preacher who gives out the tips, helping to keep you on the straight-and-narrow in your quest to waltz through the Pearly Gates. But there are ... (click for more)