Weakley County Resolution 2026-22 Budget Amendments Nov 2025
County Pays Off Simmons Bank HVAC Financing
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Description
Weakley County adjusted its debt service fund to account for the payoff of interim financing with Simmons Bank totaling $3,528,401 in principal and interest. The interim debt financed HVAC system upgrades at Dresden K-8 and Westview High School.
Contract Details
Contract Amount
$3,465,315 principal; $63,086 interest (total $3,528,401)
Vendor
SIMMONS BANK
Agency
Weakley County, TN
Contract Type
FINANCIAL_SERVICES
Document Date
November 17, 2025
Renewal Info
Interim financing arrangement with Simmons Bank is being paid off using USDA loan proceeds; no renewal terms are described in the resolution.
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