One Of Last Large Remaining Large Lake Chickamauga Tracts To Be Auctioned; Was Once Owned By Provident, Then The YMCA

Tuesday, May 9, 2017
One of the last remaining large tracts on Lake Chickamauga is going up for auction.
The sale on May 18 involves seven lots with tract sizes from 5-8 acres, officials of the Henry Glascock Company said.
There is a "motivated out of town owner and it must be sold for corporate dissolution," it was stated.
The land was originally purchased from the Tennessee Valley Authority in 1945 by the Provident Life and Accident Company (Provident Club) in 1945. The property was then improved with a club house, swimming pool, tennis courts, basketball court, several pavilions, several docks, a boat ramp, a care takers residence and other recreational use structures.
Many years later, Provident gave the property to the YMCA who subsequently sold it to the present owners, YNOT, LLC. 
Officials said, "The YNOT lake property is spectacular, consisting of approximately 44.5 rolling, wooded Chickamauga Reservoir acres with over 3,400 linear feet of shoreline on the 685.44’ contour. This property has never before been available in smaller tracts and this auction presents a once in a lifetime opportunity. The property has been preliminarily divided into seven smaller tracts, each in excess of five acres and each accessed by a 50-foot-wide ingress/egress and utility easement that runs primarily along existing roadways. Only one of the tracts will require additional road construction for access."
The property is at 7035 Glover Road.
The auction will be at 6 p.m. at the SpringHill Suites Marriott, 495 Riverfront Parkway, downtown.
The open house schedule includes:

Saturday May 13th 12:00 to 4:00

Sunday May 14th 12:00 to 4:00

To get to the property, take Highway 58 from Highway 153 to its intersection with Hickory Valley Road. Go left at the Mapco Mart (see auction sign) and take Hickory Valley Road to its terminus at Harrison Pike/Glover Road. Merge onto Glover Road and follow it all the way to the entrance to the YNOT property. Utilities provided on Glover Road include a six-inch water line and overhead power.

There is a 10 percent buyer's premium.

Call 991-7221.

City View Apartments On Citico Avenue Sell For $6.5 Million

The City View Apartments have sold for $6.5 million. The complex is at 2709 Citico Ave. The sale was to Greenleaf Investment Partners L044 Llc, Greenleaf Investment Partners R044 Llc, City View Llc from City View Apartment Company. (click for more)

9 Churches Partner With Habitat To Build Chattanooga's First Faith Build Home

Over the past 16 weeks, more than 130 volunteers representing nine local churches have worked alongside each other to build Chattanooga’s first Faith Build Home. Each church donated $5,000 to build the 3-bedroom home for a mother and her two sons.  The fruits of their labor will be celebrated when Habitat’s newest homeowner receives the mock key to her home during a dedication ... (click for more)

City May Make It Easier For Food Trucks To Operate In Chattanooga

The City Council is considering action that would make it easier for food trucks to operate in Chattanooga.  City Attorney Wade Hinton said cities like Austin and Portland have thriving food truck operations and Chattanooga is studying those models. He said, "It's truly an industry there." He said a 2013 food truck ordinance was limited and did not allow food trucks on ... (click for more)

Haslam Proposes $30 Million For School Safety

Governor Bill Haslam Tuesday proposed $30 million to improve school safety across the state in the amendment to the fiscal year 2018-19 budget proposal to be considered by the General Assembly in the coming weeks. The funding includes $25 million in nonrecurring and $5.2 million in recurring school safety grants. Earlier this month, the governor appointed a School Safety Working ... (click for more)

The Panhandling "Tax" On Gunbarrel

I’ve been reading about the panhandling problem in downtown; it is a huge problem in the Gunbarrel area, too.  It’s commonplace to be accosted by panhandlers when walking from your parked car into a commercial establishment.  And often they are aggressive.  I look carefully around my car before getting out, but sometimes someone will be lurking in between cars and ... (click for more)

Roy Exum: Meme From The Meanies

Hardly a day goes past that I don’t receive several strings of memes in my incoming emails and yesterday there was one particular collection that gave me pause for thought. First, here’s the definition of a meme: “An Internet meme (/mi?m/ MEEM) is an activity, concept, catchphrase or piece of media which spreads, often as mimicry or for humorous purposes, from person to person via ... (click for more)