BRIEF: Chattanooga City Council to Vote Tonight on Stringer's Ridge Grant
Tuesday, October 07, 2008 6:54 PM
(Source: Chattanooga Times/Free Press)trackingBy Cliff Hightower, Chattanooga Times/Free Press, Tenn.

Oct. 7--The Chattanooga City Council will vote tonight on giving a $150,000 grant to the Trust for Public Land even as some council members questioned whether the economic times are right to divvy out large amounts of money.

"It's going to take land off the tax rolls in this economy," Councilman Jack Benson said. "And there are gray clouds out there worldwide."

The Trust for Public Land, a nonprofit corporation that works to acquire land for public use, is trying to buy more than 90 acres atop Stringer's Ridge near downtown Chattanooga. The trust plans to put more than $2.5 million into the project of buying the property and developing it into a public park.

The trust asked for the city to contribute $500,000 -- $150,000 this year and $350,000 next year.

Councilman Leamon Pierce said he also did not support the measure.

"I'm looking at the state of the economy, and I'm just not supportive of spending $150,000 right now," he said.

For complete details, see tomorrow's Chattanooga Times Free Press.

-----

To see more of the Chattanooga Times/Free Press, or to subscribe to the newspaper, go to http://www.timesfreepress.com.

Copyright (c) 2008, Chattanooga Times/Free Press, Tenn.

Distributed by McClatchy-Tribune Information Services.

For reprints, email tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.


More Options



Subscribe to Email Alerts rss feed or RSS feeds rss feed for articles from more than 300 contributors and press releases, SEC filings and full text news from thousands of sources.


 
Rate :  Rate this Commentary  


 Number of Comments (0) Post Comment
 
  
Good Rating(+1)    Bad Rating(-1)
No Data Found

 
Enter Symbol
Enter Search String
Bookmark This Article
Email Article

Send this article by email


Recipient's Name
Recipient's E-mail
Your Name
Your E-mail

 
  Home | Login |Research | Earnings | Scans | Chat Rooms | Charts | Submit Article | Join Blog Network | Contributors | Subscribe to RSS

copryright 2008 all rights reserved