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


Thanks To The East Ridge Police For Cleaning Up

I want to thank the East Ridge Police Department for cleaning up my neighborhood. In just the past week there have been three arrests made on my street alone for drugs. Please keep up the good work. There is still a need. I'd hate to see anyone left behind.   You wouldn't believe how the traffic and activity has slowed down. Thank you, and Merry Christmas.  ... (click for more)

No To The Gas Tax - And Response

Americans are finally catching a break at the gas pumps after more than 1,245 days of gas over a national average of $3 a gallon and what do members of both parties want to do, they want to tax you more on a gallon of gas. Haslam, Corker  and Washington D.C. want to talk about raising gas taxes.  Tennesseans already pay 39.8 cents (18.4 federal and 21.4 state) on every ... (click for more)

Investor Group Plans $31 Million Hotel In Chattanooga Bank Building

An investor group announced that it is planning the development of an upscale 150-room hotel in the historic Chattanooga Bank Building. MCA is comprised of 20 EB-5 investors as limited partners with Red Leaf Development, managed by David Roos, as the general partner. Long-time partner PHG is involved in the development of the hotel and will be responsible for its management ... (click for more)

Police Say Texts From Slain Minister Detailed Drug Deals

An investigator testified Thursday that a minister who was beaten to death during an apparent drug deal had texts on his phone dealing with similar exchanges of illegal drugs. The minister's wife said he had gone out that night as part of a church counseling program to women. General Sessions Court Judge Clarence Shattuck bound charges of felony murder and especially aggravated ... (click for more)

UTC Cagers Upset No.7 Stanford

"Defense kept us in the game and our fans are great!." UTC sophomore Moses Johnson after the 54-46 win.   The giant killer has done it again. Relying on hustle, determination, key 3-pointers and 10 made free throws down the stretch the Chattanooga Mocs defeated visiting No.7 Stanford women 54-46 Wednesday at McKenzie Arena. Playing before 2,128 cheering ... (click for more)

Vols Land 4-Star JUCO Running Back Alvin Kamara

KNOXVILLE, Tenn. – Tennessee football coach Butch Jones has signed junior college four-star running back Alvin Kamara, who is from Norcross, Ga., and originally signed with Alabama and then transferred to Hutchinson (Kan.) Community College. Information on Kamara: ALVIN KAMARA R-Sophomore • Running Back • 5-11 • 200 Norcross, Ga. • Norcross H.S./Alabama/Hutchinson ... (click for more)