Subject: 20297/JAHenrySch/DeedToCHA/DntnRiverfrDevelopment Date: Thu, 16 Sep 1993 12:29:10 -0500 RESOLUTION NO. 20297 A RESOLUTION AUTHORIZING THE MAYOR TO DEED THE JAMES A. HENRY SCHOOL PROPERTY TO THE CHATTANOOGA HOUSING AUTHORITY FOR USE IN THE EXPANDED DOWNTOWN RIVERFRONT REDEVELOPMENT PROJECT, AGREEING TO FUND ONE HUNDRED THOUSAND DOLLARS ($100,000.00) FROM THIS YEAR'S BUDGET TOWARD SAID PROJECT, AND AGREEING TO FUND UP TO A TOTAL OF TWO HUNDRED TWENTY-SEVEN THOUSAND DOLLARS ($227,000.00) DURING THE CONTINUATION OF SAID PROJECT. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CHATTANOOGA, TENNESSEE, That the Mayor be and is hereby authorized to deed the James A. Henry School property to the Chattanooga Housing Authority for use in the expanded Downtown Riverfront Redevelopment project, agreeing to fund $100,000.00 from this year's budget toward said project, and agreeing to fund up to a total of $227,000.00 during the continuation of said project. ADOPTED: August 2, 1994 RLN:cjc