FINANCIAL_SERVICESAMENDED

District extends $6M tax anticipation credit line

The Franklin Special School District executed an Amended and Restated General Purpose Fund Tax Anticipation Revolving Promissory Note with First Horizon TE1, LLC for up to $6,000,000.00, extending its revolving tax anticipation credit facility through June 30, 2027. The action is memorialized in the Eighteenth Amendment to the Tax Anticipation Revolving Loan Agreement.

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
$6,000,000.00
Contract type
FINANCIAL_SERVICES
Contract term
Through June 30, 2027 (revolving line of credit)
Renewal date
2027-06-30
Renewal
Eighteenth Amendment to the Tax Anticipation Revolving Loan Agreement extends the maturity date of the revolving tax anticipation note from March 31, 2026 to June 30, 2027 without novating the debt; prior amendments extended earlier maturities.
Document type
Agenda
Source document
Franklin Special School District Board Meeting Agenda April 13, 2026

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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 $6,000,000.00.

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 $6,000,000.00, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Franklin Special School District Board Meeting Agenda April 13, 2026 (Agenda), 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.

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