New Green Guidelines could put Chattanooga at vanguard

Chattanooga will be the first city in the state and second nationally behind Washington, D.C. to develop a 'development credits' banking credit system. The developer could trade the credit on an open market that's to be created to an entirely different company. These credits are tied to our new LID/Green Infrastructure and stay on volume development requirements in the City. Starting in December 2014, a new development and significant re-development, project in the city will be required to keep/manage the 1st inch of rain fall on site - without releasing it: infiltrate, reuse, store or exfiltrate. If a site can do more than required, they can apply the 'credits' to another site under development or keep that credit and bank and trade or sell it.