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Chattanooga IDB ratifies easement agreement to avert $56,000-per-day damages in HomeServe pilot
Summary
The Industrial Development Board of Chattanooga voted to ratify a work letter agreement securing a permanent sanitary sewer easement and temporary construction easement for a HomeServe USA pilot, a step staff said avoided a $56,000-per-day liquidated damages exposure.
The Industrial Development Board of Chattanooga on a voice vote ratified the chair's execution of an exhibit B work letter agreement to secure a permanent sanitary sewer easement and a temporary construction easement for a HomeServe USA pilot project.
Speaker 4 told the board the work letter agreement was signed at the…
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