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Council authorizes $11 million wastewater contract renewal and adopts financial policies
Summary
The council approved a consent-decree-era wastewater contract renewal totaling $11,000,000 and adopted a package of financial policies including a fund-balance stabilization policy and structurally balanced budget guidance.
At the April 14 meeting the Chattanooga City Council authorized renewal of an on-call blanket contract for sanitary sewer evaluation and rehabilitation (contract W22022201) as part of year 4 of the consent-decree work. The clerk read that the annual amount for the renewal with SAC Construction LLC and Inliner Solutions was $11,000,000 and council voted to approve the renewal.
Council also adopted a package of…
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