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Loanapproved

town-of-tazewell-regular-town-council-meeting-agenda-january-14-2025_fda.pdf

Tazewell Cinemas Receives Approval for $399,000 Loan

$399,000Town of TazewellTAZEWELL CINEMAS & ENTERTAINMENTJanuary 14, 2025

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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

Description

The Town of Tazewell has approved a loan of up to $399,000 for a 20-year term for Tazewell Cinemas & Entertainment, LLC. The loan includes two years of interest-only payments, with an interest rate of 1.5%.

Contract Details

Contract Amount

$399,000

Vendor

TAZEWELL CINEMAS & ENTERTAINMENT

Agency

Town of Tazewell, TN

Contract Type

Loan

Document Date

January 14, 2025

Contract Term

20-year term

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