City of Munford Board of Mayor and Aldermen Special Called Meeting Agenda Oct 2025
Tennessee Municipal Bond Fund Named Loan Administrator
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Description
Munford officially recognizes Tennessee Municipal Bond Fund as the program administrator of its newly approved water and sewer loan, with a 0.15% annual fee funded from interest payments.
Contract Details
Vendor
TENNESSEE MUNICIPAL BOND FUND
Agency
City of Munford, TN
Contract Type
FINANCIAL_SERVICES
Document Date
October 16, 2025
Renewal Date
2045-10-16
Renewal Info
Annual fee terms set as part of the 20-year loan; fee payable by Purchaser from each periodic interest payment until loan maturity or refinancing.
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