FINANCIAL_SERVICESAMENDED

District extends $5M tax anticipation credit facility

The Franklin Special School District and First Horizon TE1, LLC executed an Eighteenth Amendment to their Tax Anticipation Revolving Loan Agreement, maintaining a not-to-exceed amount of $5,000,000. The amendment extends the maturity date of the revolving credit facility to June 30, 2027, subject to standard closing conditions and payment of the bank’s legal expenses.

Status
AMENDED
Document date
April 13, 2026
Contract type
FINANCIAL_SERVICES
Vendor
First Horizon Te1 Llc
Agency
Franklin Special School District · TN

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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
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 $5,000,000.00
Contract type
FINANCIAL_SERVICES
Contract term
Original agreement dated September 23, 2004; maturity date extended by this Eighteenth Amendment to June 30, 2027
Renewal date
2027-06-30
Renewal
Eighteenth Amendment to an existing Tax Anticipation Revolving Loan Agreement originally dated September 23, 2004. Prior amendments, including a Seventeenth Amendment dated March 31, 2024, previously extended the maturity to March 31, 2026; this amendment further extends maturity to June 30, 2027 while ratifying and confirming all other loan documents.
Document type
Agreement
Source document
The Franklin Special School District Tax Anticipation Revolving Loan Agreement Amendment

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Franklin Special School District?

First Horizon Te1 Llc was awarded this financial services contract by Franklin Special School District, as recorded on April 13, 2026. The contract value is Not to exceed $5,000,000.00.

How much is the First Horizon Te1 Llc contract with Franklin Special School District worth?

The First Horizon Te1 Llc contract with Franklin Special School District is valued at Not to exceed $5,000,000.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in The Franklin Special School District Tax Anticipation Revolving Loan Agreement Amendment (Agreement), dated April 13, 2026 from Franklin Special School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First Horizon Te1 Llc hold?

First Horizon Te1 Llc 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 First Horizon Te1 Llc's profile

What is Franklin Special School District currently buying?

Explore Franklin Special School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Franklin Special School District's profile

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