Loudon County Commission Agenda 2026-06-01
County approves $402,400 sale in Centre 75 Business Park
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Description
The Loudon County Commission authorized the sale of 10.31 acres in Centre 75 Business Park to The Whitener Company, LLC for $402,400, reflecting $40,000 per acre less prior lease rent. The resolution empowers the County Mayor and Purchasing Director to execute all necessary closing documents for the transaction.
Contract Details
Contract Amount
$402,400
Vendor
THE WHITENER COMPANY LLC
Agency
Loudon County, TN
Contract Type
FACILITIES
Document Date
June 1, 2026
Renewal Date
2026-06-10
Renewal Info
Single land sale pursuant to option under 2021 ground lease; no renewals. Transaction documented by Resolution authorizing sale, closing disclosure dated 06/10/2026, Affidavit of Assignment, and Warranty Deed.
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