Centre 75 Tenant Exercising Lease Purchase Option

The City of Loudon is considering approval of a $402,400 purchase of the Centre 75 property by its current tenant, Loudon Entertainment LLC, under an existing lease purchase option. A resolution would also consent to transferring title to The Whitener Company LLC and authorize the Mayor to execute closing documents, with proceeds shared between the City and County.

Scope & details

The full contract record, as filed.

Contract amount

$402,400

Contract type

FACILITIES

Document type

AgendaPacket

Source document

City of Loudon AgendaPacket May 11, 2026

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City of Loudon Agenda Packet 2026-06-22

APPROVED

City of Loudon, TennesseeJun 22, 2026

Loudon County Commission Agenda 2026-06-01

AMENDED

Loudon County, TennesseeJun 1, 2026

Loudon City Council Minutes 2026-05-26

AMENDED

City of Loudon, TennesseeMay 26, 2026

Loudon County Commission Agenda Packet 2026-05-18

APPROVED

Loudon County, Tennessee$402,400 (purchase price crediting all rent paid under lease); Ground lease rent amount not statedMay 18, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by City of Loudon?

Loudon Entertainment Llc was awarded this facilities contract by City of Loudon, as recorded on May 11, 2026. The contract value is $402,400.

How much is the Loudon Entertainment Llc contract with City of Loudon worth?

The Loudon Entertainment Llc contract with City of Loudon is valued at $402,400, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Loudon AgendaPacket May 11, 2026 (AgendaPacket), dated May 11, 2026 from City of Loudon. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Loudon Entertainment Llc hold?

Loudon Entertainment 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 Loudon Entertainment Llc's profile

What is City of Loudon currently buying?

Explore City of Loudon's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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