FINANCIAL_SERVICESAPPROVED

Town of Jonesborough Awards Financial Services Contract to Tennessee Municipal Bond Fund (April 2026)

The Board approved Resolution 2026-10 to issue up to $625,783 in Equipment Acquisition Capital Outlay Notes, with the Tennessee Municipal Bond Fund arranging financing at 4.36%. The borrowing will fund nine police vehicles and one fire vehicle, with annual debt service offset by retiring obligations.

Status
APPROVED
Document date
April 13, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Tennessee Municipal Bond Fund
Agency
Town of Jonesborough · TN

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $625,783 (Equipment Acquisition Capital Outlay Notes, Series 2026)
Contract type
FINANCIAL_SERVICES
Contract term
Debt service with average annual payment of approximately $142,000; specific final maturity date not stated
Renewal
Debt financing arrangement; no renewals, but standard amortization over the note’s life. Average annual debt service is projected at $142,000.
Document type
Minutes
Source document
Board of Mayor and Aldermen Minutes 2026-04-13

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Jonesborough?

Tennessee Municipal Bond Fund was awarded this financial services contract by Town of Jonesborough, as recorded on April 13, 2026. The contract value is Not to exceed $625,783 (Equipment Acquisition Capital Outlay Notes, Series 2026).

How much is the Tennessee Municipal Bond Fund contract with Town of Jonesborough worth?

The Tennessee Municipal Bond Fund contract with Town of Jonesborough is valued at Not to exceed $625,783 (Equipment Acquisition Capital Outlay Notes, Series 2026), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Board of Mayor and Aldermen Minutes 2026-04-13 (Minutes), dated April 13, 2026 from Town of Jonesborough. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Tennessee Municipal Bond Fund hold?

Tennessee Municipal Bond Fund may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Tennessee Municipal Bond Fund's profile

What is Town of Jonesborough currently buying?

Explore Town of Jonesborough's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of Jonesborough's profile

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