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Loudon County to Issue $35M Bonds for Schools

Loudon County
Disclosed value
$35,000,000.00
From agenda
Document date
Aug 4, 2025
Term
30 years

The 30-second brief

What it covers

Loudon County is planning to issue $35 million in bonds through Cumberland Securities Company, Inc. The bonds, known as Rural School Bonds, Series 2025, have a final maturity date of June 1, 2050 and are expected to carry a premium of $855,505.00. They are designated as tax-exempt and have a True Interest Cost (TIC) of 4.4195045%.

Who holds it

Cumberland Securities holds this bonds contract with Loudon County. Its other public contracts on record include work for City of Fairview and City of Athens.

What happens next

Term as filed: 30 years.

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Contract details

Contract type
Bonds
Amount
$35,000,000.00
Document date
August 4, 2025
Term
30 years
Vendor
Cumberland Securities
Agency
Loudon County
Source document
loudon-county-commission-meeting-agenda-august-4-2025_7b9.pdf (Agenda)

Cumberland Securities's other public contracts

City of Fairview, TennesseeCity Discusses Debt With Cumberland Securities · Jul 23, 2026UndisclosedCity of Athens, TennesseeCity Ties Reimbursement Plan To Investment Advisor · Jul 13, 2026UndisclosedCity of Athens, TennesseeCouncil Reviews Reimbursement Resolution Cumberland Securities · Jul 13, 2026UndisclosedCity of Red Bank, TennesseeCumberland Securities Listed as Financial Advisor Partner · Apr 28, 2026UndisclosedCity of Sevierville, TennesseeCumberland Securities to Oversee $37M Electric Loan Program · Apr 20, 2026All Cumberland Securities contractsVendor profile

More Loudon County contracts

Chm Tellico LLCLoudon County Considers CHM Tellico Retail Project Agreement · Oct 4, 2026Town of GreenbackLoudon County Approves Greenback Planning Services Agreement · Oct 4, 2026UndisclosedFlock SafetyLoudon County Discusses Proposed Flock Safety Cameras · Sep 18, 2026UndisclosedFlock SafetyKnox County Flock Safety Camera Purchases Reviewed · Sep 18, 2026Flock SafetyLoudon County Considers Flock Safety Contract Restrictions · Sep 18, 2026UndisclosedAll Loudon County activityAgency profile

Questions about this contract

Who was awarded the bonds contract by Loudon County?

Cumberland Securities was awarded this bonds contract by Loudon County, as recorded on August 4, 2025. The contract value is $35,000,000.00.

How much is the Cumberland Securities contract with Loudon County worth?

The Cumberland Securities contract with Loudon County is valued at $35,000,000.00, covering bonds work.

What type of contract is this?

This is a Bonds contract, documented as a agenda record.

Where was this contract approved?

This contract appears in loudon-county-commission-meeting-agenda-august-4-2025_7b9.pdf (Agenda), dated August 4, 2025 from Loudon County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Cumberland Securities hold?

Cumberland Securities may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Loudon County currently buying?

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

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