CONTRACTTABLED

Council Tables University Mitigation Credit Decision

Disclosed value: $300,000 down payment; $11,220,000 for 6,000 stream credits and 45 wetland credits; From minutes
Document date: Sep 8, 2026
Renews: Mar 2027; Free account

What it covers

Crossville City Council tabled a decision on purchasing mitigation credits from the University of Tennessee for the Meadow Park Lake dam project. UT proposed a $300,000 initial payment and an $11.22 million mitigation agreement covering 6,000 stream credits and 45 wetland credits.

Who holds it

University of Tennessee holds this contract with City of Crossville. Its other public contracts on record include work for Rhea County and Anderson County.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Crossville contract.

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Contract details

Amount: $300,000 down payment; $11,220,000 for 6,000 stream credits and 45 wetland credits
Document date: September 8, 2026
Term: Down payment proposed by November 15, 2026; mitigation funding agreement proposed by February 26, 2027
Renews: Free account
Vendor: University of Tennessee
Agency: City of Crossville
Source document: City of Crossville Minutes City Council Meeting 2026-09-08 (Minutes)

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Questions about this contract

Who was awarded the government contract by City of Crossville?

University of Tennessee was awarded this government contract by City of Crossville, as recorded on September 8, 2026. The contract value is $300,000 down payment; $11,220,000 for 6,000 stream credits and 45 wetland credits.

How much is the University of Tennessee contract with City of Crossville worth?

The University of Tennessee contract with City of Crossville is valued at $300,000 down payment; $11,220,000 for 6,000 stream credits and 45 wetland credits.

What type of contract is this?

This is a government contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City of Crossville Minutes City Council Meeting 2026-09-08 (Minutes), dated September 8, 2026 from City of Crossville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does University of Tennessee hold?

University of Tennessee 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 City of Crossville currently buying?

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

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