Celina Aldermen Approve Loan To Buy New Fire Truck
Celina will take out a loan to cover the remaining expenses of a new fire truck. Mayor Luke Collins said the city could either pay for the $265,000 truck out of the general fund, or take out a loan to pay it off over time. Collins said there is enough money in general fund to […]
Cookeville Gets $5.5M Loan To Finish Plant Expansion
The city of Cookeville has received a TDEC loan of some $5.5 million to finish out the water treatment plant expansion project. Water Quality Control Director Barry Turner said the city originally borrowed some $17.5 million to cover engineering and construction. Instead, the bid for construction, alone, came in at some $25.4 million. He said […]
UCHRA Approves Loans For Two Livingston Businesses
The UCDD Executive Board approved loans for two Livingston businesses Tuesday. The board approved some $167,000 for Dale and Melissa Barnes to purchase Bud’s Grocery and turn it into D&M Market and Deli. Loan Program Manager Mindy Tramel said the store will be purchased for a total price of some $520,000 and will function largely […]
Celina Street Paving Project Underway, Loan Considered
Celina beginning a project to pave all its city streets with a $2 Million Rural Development Loan likely on the way. Some $300,000 in paving already underway. Celina Mayor Luke Collins said he hopes to secure the loan within three months and keep the project moving. Many of the roads in the city have not […]
UCDD Approves Pair Of Loans Including Expanded Daycare Option
The UCDD Executive Committee approved loans Wednesday for two businesses, including a daycare. Creative Learning Childcare awarded a loan to supplement the cost of turning their current gymnasium into two classrooms. Loan Program Manager Mindy Tramel said the $151,500 loan will help create 26 openings for new children to enroll. “We are proposing a rate […]
UCDD Approves Loan For New Childcare Facility In Carthage
A new childcare facility will be coming to Carthage that will help a region-wide capacity issue. The UCDD Executive Committee approved a $200,000 loan to the operator for renovations. “It’s a much needed thing in our community,” Smith County Mayor Jeff Mason said. “April comes from a great family. She has a heart for this. […]
Overton To Pay Off County Service Building Loan In New Budget
Overton County’s proposed budget includes funding that would pay off a loan used to build the Millard V. Oakley County Services Building. County Executive Ben Danner said if the budget is approved Monday night, the county would have paid off a 12-year note in just two years. “We’re collecting over $2.5 million in sales tax […]
Jackson Chamber Hosting Small Business Seminar Thursday
Jackson County Chamber of Commerce will partner with the Small Business Development Center to help small businesses learn more about funding opportunities. Tyler Asher is the Small Business Development Center Director. He said that the seminar Thursday morning at 11 will help small businesses more efficiently apply for loans, and explore other lending avenues. “There […]
New UCDD Loan Program Approved For Child Care Capacity Projects
The UCDD Executive Committee approved a 12-month loan program for established child care facilities in the region. Executive Director Mark Farley proposed the item during a Wednesday meeting. Farley said $1 million of funding will be available for the region. “The only reason that were doing that is because in our market and in our […]
Algood Approves Bid For Old Walton Sewer Project
Algood City Council approved a $2.1 million bid for the Old Walton Sewer Project. Mayor Lisa Chapman-Fowler said that the project started in 2014 as just a sewer project. She said that she feels obligated to start this project. “When we annexed these folks in the Old Walton area, it was in their plan of […]
