TVA Says $111 Million Deal With Franklin Haney For Bellefonte Plant Is Off; Haney Files Suit

Friday, November 30, 2018

TVA says a deal for former Chattanooga businessman Franklin Haney to buy the unfinished Bellefonte Nuclear Plant in Alabama for $111 million is off.

TVA officials said, “On Nov. 30, 2018, the parties were unable to complete the sale of the Bellefonte property after Nuclear Development’s lack of progress in meeting its legal obligations related to future ownership of the site. Nuclear Development did not complete the necessary NRC license transfer prior to the closing date as required by the Atomic Energy Act.”

Mr. Haney responded by filing suit against TVA for breach of contract.

TVA scrapped the plant in 1988 after saying the cost was too great to continue.


Chattanooga Chamber Calendar Of Events Feb. 18-22

Andrew B. Morgan Hires Frank Pursell

Bridgeport Accepted Into Thrive Regional Partnership’s 2019 Thriving Communities Program


Feb. 18, Ribbon Cutting for Drake's 10:30 to 11 a.m. Drake's: 7338 McCutcheon Rd. Join the Chattanooga Chamber for a ribbon cutting event for Drake’s. Feb. 19, Red Bank/Signal Mountain ... (click for more)

The Law Offices of Andrew B. Morgan has hired associate attorney Frank Pursell. "Mr. Pursell moved to Cleveland with his wife, Taylor, from Smithville, Tn. to begin working with Andrew Morgan, ... (click for more)

The City of Bridgeport, in Jackson County, Al., is part of the 2019 Thriving Communities Program. The Thriving Communities program is a community accelerator program designed to enhance leadership ... (click for more)


Business

Chattanooga Chamber Calendar Of Events Feb. 18-22

Feb. 18, Ribbon Cutting for Drake's 10:30 to 11 a.m. Drake's: 7338 McCutcheon Rd. Join the Chattanooga Chamber for a ribbon cutting event for Drake’s. Feb. 19, Red Bank/Signal Mountain Chamber Council Meeting 11:45 a.m. to 1 p.m. Red Bank Community Center: Tom Weathers Dr., behind Erlanger Speaker: Red Bank Mayor Eddie Pierce $12 Feb 20, Southside Chamber ... (click for more)

Andrew B. Morgan Hires Frank Pursell

The Law Offices of Andrew B. Morgan has hired associate attorney Frank Pursell. "Mr. Pursell moved to Cleveland with his wife, Taylor, from Smithville, Tn. to begin working with Andrew Morgan, but his experience in the legal field did not start there," officials said. "Frank was fortunate to grow up around the practice of law, since two of his grandparents are practicing attorneys ... (click for more)

Breaking News

Sanford Found Innocent Of 2000 Strangulation Murder In East Ridge

A Criminal Court jury on Friday night found Jason Sanford not guilty in the 2000 strangulation death of an East Ridge woman. The defense put on no proof. Sanford spent two and a half years in jail awaiting trial in the Cold Case. Earlier on Friday, a Michigan man gave a deathbed statement that his first cousin had admitted killing Sarah Davis Perry. The jury heard ... (click for more)

Trio Charged In Armed Robbery Of Dunkin Doughnuts On Highway 58

Three men have been charged with the robbery of the Dunkin Doughnuts on Highway 58 on Wednesday night. Charged with aggravated robbery were Justin Marcus Brakefield, 29, of 7310 Standifer Gap Road, Demarketh King, 30, of 4613 Locksley Lane, and Xavior Travon Robinson, 18, of 3606 Locksley Lane. An employee said three males walked into the business through a back door that ... (click for more)

Opinion

Bill Passes Senate That Preserves Tennessee's Natural Beauty And Historical Sites

This week, the U.S. Senate passed sweeping legislation that will preserve Tennessee’s natural beauty and protect our historical sites. I have seen first-hand how a popular park or museum can provide a recreation or educational experience for Tennesseans. But these sites can also help local economies by attracting tourism, which brings with it jobs and tax dollars to Tennessee. ... (click for more)

How Do We Progress With This President? - And Response (2)

I try so hard to not say things detrimental to our government, I love my country but I am so ashamed by the president we now tolerate. When is it going to be said enough is enough? Today, he declared an emergency declaration to move billions of dollars of possible worthy endeavors in our countries budget to fight illegal immigration to build his wall. I will compare 20 to 1 the ... (click for more)