Here is today's news on mymix1041.com, sponsored by Toyota of Cleveland: In news today… Longtime bank president Jim Williams died on Tuesday. Willia
Here is today’s news on mymix1041.com, sponsored by Toyota of Cleveland:
In news today…
Longtime bank president Jim Williams died on Tuesday. Williams first came to Cleveland as president of First American Bank in the early 1980s, and came back to Cleveland as president of First Tennessee Bank in 1991.
Williams was extremely active civically and in non-profits.
Current first Horizon bank market president Bill Martin said that when he came to the bank five years ago, Williams took him under his wing, became a mentor, cheerleader, and confidant.
Martin also said that Williams and former chairman Sam McReynolds created the culture that they still enjoy today and are icons in the banking industry.
We will pass along the arrangements when they are announced.
From 1057News.com…
The Volunteer Energy Cooperative (VEC) board of directors voted to reduce all rate classes by approximately 1.7%. The rate reduction starts October 1, 2020 and ends September 30, 2021.
The rate reduction was made possible by a wholesale credit from the TVA to the Tennessee Valley local power companies (LPCs). Although TVA did not specify how the LPC’s should use the credit, the VEC board and management chose to use the one-year credit to reduce retail rates.
VEC President and CEO Rody Blevins said, “Using this wholesale credit to help cooperative members during a pandemic is the right thing to do. Putting money back into our consumer member’s pockets reflects the principles of cooperatives. Although the credit is not a wholesale rate reduction, this action is one small step toward rate competitiveness for TVA. We encourage the TVA board to consider additional reductions in TVA’s wholesale rates in the future.”
From WRCB Channel 3…
After nearly 6 months of businesses operating with limitations due to the pandemic, Hamilton County Mayor Jim Coppinger is easing some of those restrictions while encouraging businesses to continue following Tennessee Pledge operating guidelines.
This, just a day after Governor Bill Lee announced restrictions would be lifted in 89 of Tennessee’s 95 counties, and the decision for the state’s six largest metro areas would be left up to mayors.
Coppinger cited a downward trend in both coronavirus case numbers, now hovering around 600 active, and unemployment as his reasoning for the decision.
Under the loosened restrictions, restaurants are no longer be required to limit the number of people they serve at a time, allowing them to once again go by building capacity guidelines. Gatherings of more than 50 are also now allowed.
Mayor Coppinger’s announcement lifting restrictions does not include the county mask mandate that is currently still in effect, but set to expire on October 8. Coppinger is expected to speak on the future of that mandate this upcoming Tuesday at noon.
