putnam_county_board_of_education_minutes_february.pdf
City of Cookeville Land Option Approved
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Description
The Board approved a $5,000 annual option payment to the City of Cookeville for the Trinity Property, with a potential purchase price of $2,783,418 plus interest after six years.
Contract Details
Contract Amount
$5,000 per year for 6 years; purchase price $2,783,418 plus accrued interest if executed
Vendor
CITY OF COOKEVILLE
Agency
Putnam County School District, TN
Contract Type
OTHER
Document Date
February 6, 2025
Contract Term
Option term: 6 years
Renewal Date
2029-02-02
Renewal Info
Renewable annually for up to 6 years
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approvedputnam_county_board_of_education_minutes_february.pdf
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