OTHERAPPROVED

City of Cookeville Land Option Approved

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.

Document date · February 6, 2025

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TerraCycle logo
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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
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Scope & details

The full contract record, as filed.

Contract amount
$5,000 per year for 6 years; purchase price $2,783,418 plus accrued interest if executed
Contract type
OTHER
Contract term
Option term: 6 years
Renewal date
2029-02-02
Renewal
Renewable annually for up to 6 years
Document type
Minutes
Source document
putnam_county_board_of_education_minutes_february.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Putnam County School District?

City of Cookeville was awarded this government contract by Putnam County School District, as recorded on February 6, 2025. The contract value is $5,000 per year for 6 years; purchase price $2,783,418 plus accrued interest if executed.

How much is the City of Cookeville contract with Putnam County School District worth?

The City of Cookeville contract with Putnam County School District is valued at $5,000 per year for 6 years; purchase price $2,783,418 plus accrued interest if executed.

What type of contract is this?

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

Where was this contract approved?

This contract appears in putnam_county_board_of_education_minutes_february.pdf (Minutes), dated February 6, 2025 from Putnam County School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does City of Cookeville hold?

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