City of Loudon AgendaPacket May 11, 2026
Centre 75 Tenant Exercising Lease Purchase Option
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Description
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.
Contract Details
Contract Amount
$402,400
Vendor
LOUDON ENTERTAINMENT LLC
Agency
City of Loudon, TN
Contract Type
FACILITIES
Document Date
May 11, 2026
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City of Loudon AgendaPacket May 11, 2026
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