Town of Carthage Debt Obligation Report 2025
$1 Million Utilities Loan Agreement Awarded to PBA City of Clarksville
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Description
The Town of Carthage entered into a $1,000,000 loan agreement with PBA City of Clarksville on December 15, 2025, for water and sewer system projects. The loan carries a 4.4% net interest cost, with a final maturity date of December 1, 2050.
Contract Details
Contract Amount
$1,000,000.00
Vendor
PBA CITY OF CLARKSVILLE
Agency
Town of Carthage, TN
Contract Type
FINANCIAL_SERVICES
Document Date
December 15, 2025
Contract Term
12/15/2025 – 12/1/2050
Renewal Date
2050-12-01
Renewal Info
The loan matures in 2050; no renewal or extension provisions cited.
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