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File #: 25-0363    Version: 1 Name: Discussion and action regarding financing of Fire Station #1 and #2
Type: Resolution Status: Consent Agenda
File created: 9/29/2025 In control: City Council
On agenda: 11/18/2025 Final action: 11/18/2025
Title: Approval of financing for Fire Station #1 and #2

Title

Approval of financing for Fire Station #1 and #2

 

Body

SUMMARY: Finance Director Nathan Clouse recommended financing options for the remodel and construction of Fire Stations #1 and #2. He requested for approval to use the Tennessee Bond Fund for financing rather than a municipal advisor. He stated there will be savings in fees and we will not have to get rated by S&P Global again.

 

 

Recommended Action

NECESSARY COUNCIL ACTION: approve financing by Tennessee Bond Fund