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City presents draft pilot policies; IDB role narrowed and public hearings moved to city council

2215045 · January 28, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City staff presented a first draft of revised pilot policies that remove delegated authority to the Industrial Development Board and move pilot public hearings to city council; the draft establishes eligibility criteria, a points matrix, monitoring and clawback provisions and a multi‑week staff/council review timeline.

City staff presented a first draft of updated pilot policies to the Industrial Development Board, explaining that the delegation of authority to the IDB had been removed at the request of City Council and that the IDB would retain a role related to title and lease administration for pilot properties.

Sherita Allen and city staff walked the board through the draft, which defines eligible project types and links targeted industries to the Tennessee Department of Economic and Community Development and region‑specific sectors identified with the Chattanooga Chamber and the 1 Chattanooga economic development plan. The draft includes a points matrix to…

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