Sports authority approves escrow accounts and environmental change order, receives stadium progress and DBE/local participation update

The Sports Authority of the County of Hamilton and the City of Chattanooga on April 2 authorized the chair to execute documents to establish escrow accounts with Truist Bank for retainage related to the construction manager-at-risk contract for the South Broad District Ballpark and approved change order No. 1 for SNME Inc. to provide additional environmental quality-assurance services during construction, increasing that task order by $83,810 to a total $156,420.

The board also accepted a financial progress report that added a new line item, "West 20 Sixth Street," to account for stadium-adjacent infrastructure. Authority staff said the city allocated $5,700,000 to the authority for the current fiscal year for that infrastructure and an additional $4,300,000 is planned for the next fiscal year, for a combined total budget of $10,000,000.…