The removal of a controversial barge from downtown Chattanooga's waterfront has taken a big step closer after a company offered $50,000 for the vessel, an attorney for businessman Allen Casey said Saturday.

Chattanooga attorney David Fulton said a North Georgia firm on Friday offered the $50,000 minimum bid, and that a U.S. Bankruptcy Court judge is to review the bid this week.

"We anticipate it will be accepted," he said.

The bidder is RCW Construction, of Trenton, Ga., according to Susie Lodico, one of the attorneys representing a group of investors suing Casey. She said RCW proposes to partner with another company to buy and salvage the barge.

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