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City reports $10.4 million bond and TDEC corrective action for Tennessee National Marina District Phase 2
Summary
City staff told the planning commission the final plat for Tennessee National Marina District Phase 2 has been certified and an executed subdivision bond of about $10,400,000 is on file; TDEC has required a corrective action plan for stormwater and erosion in Pods 29–30 and will inspect follow-up measures.
City staff provided the planning commission with an update on the Tennessee National Marina District Phase 2 final plat, saying the plat has been certified and an executed subdivision bond is now on file.
‘‘The bond amount is approximately $10,400,000, based on engineers’ opinion of probable cost and a review by LUB and city department heads,’’ City staff said, noting the executed bond is stored in the city safe.
The update also addressed recent complaints about stormwater runoff and erosion in Pods 29 and 30 near Matlock Bend. Staff said the Tennessee Department of Environment and…
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