TIF Back Rooms And Fat Cigars

Monday, July 21, 2014

Re: Attorney to meet privately with Industrial Development Board on Black Creek TIF:

It is time for yet another back room with fat cigars meeting of the Industrial Development Board to discuss the Black Creek TIF. Of course, we the people, the taxpayers, are not invited. It is “just we girls” getting together to formulate a plan on how to deal with the junk TIF bonds. Yep, that’s right  - junk bonds.  

 It is like watching stocks crash, only in a good way because the corporations are on the losing end. Worth $9 million, plus interest at opening, these crash at the bell when one woman and her attorney put the smack down to a huge corporation. 

In the back room with the fat cigars meeting, there will be a lot of, “Oh my gosh those municipal bond issues we sold just became junk. Oh my, what will the developers that are the bond holders do now?", they will ask.

Stay tuned for another episode of back room and fat cigars.

April Eidson


Christian Arrogance On Display

The announcement that the "Bible In The Schools" organization will "gift" a million dollars to the Hamilton County Schools for elective bible "history" classes is a real in-your-face example of christian arrogance.  No one is fooled by the use of the term "bible history" to mask the real intent of this program.  As one who remembers when sunday school teachers were ... (click for more)

Expand Broadband Internet, Not The Size Of Government

I’d like to respond to two letters in your July 13 edition that praised Rep. Mike Carter’s efforts to expand statewide broadband access. Rep. Carter wants more government involvement in the broadband sector, including an expansion of taxpayer-funded, municipal broadband networks.  Rep. Carter’s supporters argued he’s standing up for consumers against huge telecommunications ... (click for more)

$30 Million Development Planned At King And South Market; Will Include Hotel, Condos, Offices, Retail, Possible Restaurant

A new $30 million development is planned for the Southside at King Street and South Market. Nick Wilkinson, city deputy director for economic development, said it will include a hotel, condos, offices, retail and possibly a restaurant. It could also include some light industry. A storage building and a parking lot are now at the site. He said the developers plan to reuse ... (click for more)

DA's Office Defends Suspended Sentence In School Bus Driver Rape Case

The District Attorney's Office defended a controversial suspended sentence in a rape case involving a substitute county school bus driver. Prosecutor Jason Demastus said the victim, who was 15 years old at the time of the March 2015 incident, was in agreement on the plea and refused to testify against Alexander Rodriquez. Rodriguez, 34, last Thursday pleaded guilty to ... (click for more)

Dunbar Promoted To Head Wrestling Job At Ooltewah

J.D. Dunbar had been promoted to head wrestling coach at Ooltewah High School. Dunbar, an assistant with the Owls’ mat program since 2012, becomes a head coach for the first time at the high school level. He replaces Bryant Blackmon, who recently resigned. The 36-year-old Dunbar is also the school’s strength and conditioning coach and assistant head football coach on ... (click for more)

Another Big Week For Chattanooga Football Club

More than 10,000 fans gathered at Finley Stadium last Saturday to see a 5-3 penalty kick win over Miami United.   CFC keeper Gregga Hartley made a save and scored the winning penalty kick, helping his team to advance to the national semifinals on Saturday.  They will host Sonoma County Sol at 7:30 in the comfy confines of "Fort Finley"  Chattanooga is the top ... (click for more)