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FINANCIAL_SERVICESAPPROVED

Memphis City Council Agenda 2026-05-26

Performance bond accepted for Tournament Trails Center PD

$112,500.00City of MemphisMERCHANTS NATIONAL BONDING INCMay 26, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Council will approve engineering plans for the Tournament Trails Center P.D. project and accept a $112,500.00 performance bond from Merchants National Bonding, Inc. as security for required infrastructure improvements. All development improvement costs are to be borne by the developer.

Contract Details

Contract Amount

$112,500.00

Vendor

MERCHANTS NATIONAL BONDING INC

Agency

City of Memphis, TN

Contract Type

FINANCIAL_SERVICES

Document Date

May 26, 2026

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