Tuesday, Chattanooga took another step forward in healing from the tragic terrorist attack that claimed the lives of five servicemen at a naval facility on Amnicola Highway three years ago.

Government officials announced that the money raised from the Chattanooga Heroes Run/Walk will be used to build the monument planned for the Tennessee Riverpark to honor the Fallen Five.

County Mayor Jim Coppinger explained the purpose behind the memorial at Tuesday's press conference.

"This monument will present the community with an opportunity to go back and be able to reflect on those moments, sitting in front of the monuments or whatever they choose to do," Coppinger said. "Its' important for the families, but it's important for the community as well."

The Chattanooga Heroes Run/Walk will take place on Saturday, July 14 at the Tennessee Riverpark. Last year the Heroes Run/Walk raised $22,000 for families of the victims.

To sign up for the run or contribute visit the Chattanooga Heroes Run/Walk website.