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Board of Commissioners

June 5, 2025 Final

Agenda — 7 items

  1. <strong><u>Resolution</u></strong> - approving a professional services agreement with OHM Advisors for the Highway 70 Corridor Study.​
  2. <strong><u>Resolution</u></strong> - tentatively approving an agreement with Grinder, Taber & Grinder, Inc. for the Oliver Creek Sanitary Sewer Interceptor Contract C project.
  3. <strong><u>Resolution</u></strong> - authorizing the issuance, sale and payment of general obligation bonds by the City of Lakeland, Tennessee, in a par amount not to exceed $19,860,000 to finance the construction, expansion, improvement, repair, renovation and equipping of a community center and related costs; authorizing the issuance of bond anticipation notes prior to the issuance of the bonds; authorizing the execution and delivery of a loan agreement with Regions Commercial Equipment Finance, LLC; and authorizing the levy of taxes to pay the bonds and notes.
  4. Resolution - authorizing the issuance of not to exceed Twenty-Four Million Two Hundred Thousand Dollars to the City of Lakeland, Tennessee, General Obligation Capital Outlay Note pursuant to Section 9-21-601 Et SEQ., of the Tennessee Code Annotated; providing for the terms of the capital outlay note; authorizing the negotiated sale of the capital outlay note; authorizing the execution and delivery of a drawdown loan agreement with Trustmark National Bank; authorizing the execution and delivery of the capital outlay note; authorizing the proper officials of the City to do all things deemed necessary or advisable in connection with the issuance and sale of the capital outlay note; and providing an effective date.
  5. <strong><u>Resolution</u></strong> - approving a development contract with Ashmont Developer, LLC for Ashmont Planned Development Areas 1, 4, & 7B.
  6. <u><strong>Resolution</strong></u> - approving a development contract with RIC (Lake District), LLC c/o Romspen Investment Corporation for The Lake District Planned Development Phase 1.
  7. <strong><u>Resolution</u></strong> - authorizing the purchase and installation of two new monument signs for Lakeland City Hall entrances.

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