Subject: 21688/AmendedCoopAgmt/DevCorpOfOrchardKnob
Date: Fri, 25 Oct 1996 08:25:12 -0500


                              RESOLUTION NO. 21688
                
                
                 A RESOLUTION AUTHORIZING THE MAYOR TO ENTER
                 INTO AN AMENDED COOPERATION AGREEMENT WITH
                 HAMILTON COUNTY, TENNESSEE, AND THE DEVELOPMENT
                 CORPORATION OF ORCHARD KNOB, INC. PROVIDING FOR
                 PAYMENTS IN LIEU OF TAXES FOR CERTAIN PROPERTY
                 OWNED BY THE DEVELOPMENT CORPORATION OF ORCHARD
                 KNOB, INC. TO SUBSTITUTE FOR A PRIOR SUCH
                 AGREEMENT DATED JANUARY 31, 1995, TO WHICH
                 HAMILTON COUNTY WAS NOT A PARTY.
                
                
                                                    
                
                
       	    	 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
       CHATTANOOGA, TENNESSEE, that the Mayor be and is hereby 
authorized
       to enter into an Amended Cooperation Agreement with Hamilton
       County, Tennessee, and the Development Corporation of Orchard
       Knob, Inc. providing for payments in lieu of taxes for certain
       property owned by the Development Corporation of Orchard Knob,
       Inc. to substitute for a prior such Agreement dated January 31,
       1995, to which Hamilton County was not a party.
      
       ADOPTED:	 February 24, 1998
      
       RLN:cjc