- Associated Press - Thursday, May 5, 2016

NASHVILLE, Tenn. (AP) - The Tennessee Valley Authority has voted to remove floating houses from its reservoirs, but it’s giving owners 30 years to comply.

The board got an earful from homeowners who opposed the move at its Thursday meeting in Buchanan. About 40 people spoke during a public comment period. Several said they had poured their life savings into vacation homes that were poised to become worthless.

TVA Vice President of Natural Resources Rebecca Tolene said the homes are not houseboats but residential houses with modern amenities. She said developers have proposed entire floating subdivisions.

Board members admitted the utility has failed to enforce a 1978 rule prohibiting the homes. They said they were moved by the owners’ stories but had a duty to be good stewards of public resources.

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