Subject: 21532/Agmt/HamCounty/Stadium
Date: Tue, 16 Sep 1997 16:48:58 -0500


        
        
        
        
                           RESOLUTION NO.   21532  
        
        
                   A RESOLUTION AUTHORIZING THE MAYOR TO EXECUTE AN 
                   AGREEMENT WITH HAMILTON COUNTY AND UTC FOR THE 
                   CITY TO INCUR ONE THIRD OF THE ADDITIONAL COSTS 
                   ON THE FIELD OF ONE THOUSAND DREAMS SOFTBALL 
                   STADIUM, UP TO ONE HUNDRED SIXTY THOUSAND 
                   DOLLARS ($160,000.00), CONTINGENT UPON HAMILTON 
                   COUNTY AND UTC MAKING UP THE ADDITIONAL 
                   TWO-THIRDS, WHICH COSTS ARE FOR ARCHITECTURAL 
                   FEES, THE COST OF MONEY, AND EXPANSION OF THE 
                   PROJECT
        
                           ________________________
        
              BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF 
        CHATTANOOGA, TENNESSEE That the Mayor is hereby authorized to 
        execute an agreement with Hamilton County and UTC for the City 
        to incur one third of the additional costs on the Field of One 
        Thousand Dreams Softball Stadium, up to $160,000.00, contingent 
        upon Hamilton County and UTC making up the additional 
        two-thirds, which costs are for architectural fees, the cost of 
        money, and expansion of the project.
        
        ADOPTED:  September 16, 1997
        
        :cko