Title
Approval of loan agreement for Air Force jet
Body
SUMMARY:
The Air Force jet located next to the CCHS football field (Miss Nettie) is on loan to the City of Crossville from the Air Force. This loan has previously been on two-year basis and requires approval of the loan agreement; however, this agreement is for five years. The loan renewal cycle will be for five years going forward.
CCHS has always taken responsibility for maintenance of the jet.
BUDGET ACCOUNT:
Recommended Action
NECESSARY COUNCIL ACTION: Approve 2024-2029 Loan Agreement for Air Force jet.