Subject: 20770/NegW/HamCo/VAAPredevelop Date: Fri, 13 Oct 1995 11:59:46 -0500 RESOLUTION NO. 20770 A RESOLUTION AUTHORIZING THE MAYOR TO NEGOTIATE WITH THE COUNTY EXECUTIVE OF HAMILTON COUNTY RELATIVE TO THE CREATION OF A NON-PROFIT CORPORATION TO REPRESENT THE INTERESTS OF THE CITY OF CHATTANOOGA AND HAMILTON COUNTY IN THE COMMERCIAL REDEVELOPMENT OF THE VOLUNTEER ARMY AMMUNITION PLANT PROPERTY, SAID PROPOSAL FOR COOPERATIVE REDEVELOPMENT TO BE PRESENTED TO CITY COUNCIL FOR APPROVAL BEFORE EXECUTION. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CHATTANOOGA, TENNESSEE, That the Mayor be and is hereby authorized to negotiate with the County Executive of Hamilton County relative to the creation of a non-profit corporation to represent the interests of the City of Chattanooga and Hamilton County in the commercial redevelopment of the Volunteer Army Ammunition Plant property, said proposal for cooperative redevelopment to be presented to City Council for approval before execution. ADOPTED: October 24, 1995 RLN:cjc