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Mayor Tim Kelly and City leaders announced today their decision to pause pursuit of approval from the Regional Planning Agency (RPA) of a change of use application for the 12th St. CARTA building, which the City is exploring as a potential site for an emergency shelter. The City will continue community conversations with members of the MLK Neighborhood and stakeholders, and it chose to defer to demonstrate its commitment to due diligence. The City’s application will not be on the agenda for the November 13,2023 RPA Commission meeting.
The City of Chattanooga on Tuesday offered and sold $42,485,000 in General Obligation Bonds to the competitive bond market. The City received 16 competitive bids to purchase the City’s bonds with UBS Financial Services Inc. submitting the winning bid at a true interest cost of 4.20% – an interest rate well below the current prime rate (8.5%) and the federal funds rate (5.5%), a nod to the prevailing robust economic conditions in Chattanooga.
Mayor Tim Kelly and the Chattanooga Police Department are highlighting a series of public safety initiatives ahead of National Night Out, a campaign that promotes police-community partnerships to enhance relationships between residents and law enforcement, and to make our neighborhoods safer places to live.
As cities across the country grapple with the scourge of violent crime, and less than two weeks removed from the murder of Chris Wright in Chattanooga’s city center, work is already underway to fight back as a community, the mayor said Monday.
This evening, Chattanooga Parks and Outdoors joined Chattanooga Design Studio, Montague Sculpture Fields, Chattanooga Football Club Foundation, Clinicos Medicos, landscape architects with Reed Hilderbrand and HK Architects and the community, to unveil the vision plan for Montague Park.
Chattanooga’s Chief Housing Officer, Nicole Heyman and Reinvestment Fund’s Policy President, Ira Goldstein today presented results from the 2023 Market Value Analysis during a meeting of the Chattanooga City Council’s Affordable Housing Committee. The Market Value Analysis (MVA) is a tool to help residents and policymakers identify and understand the elements of their local real estate markets so that public officials and private actors can more precisely target housing intervention strategies.