PROJECTCONTRACT AWARD

School design refunding loan

Humphreys County
Detected
Jul 13, 2026
112 days ago
Sector
Capital Projects
Est. value
Free account
Detected 112 days agoJul 13

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THE 30-SECOND BRIEF

What's planned

Humphreys County approved a new refunding loan of up to $2,060,000 to pay off a 2024 loan used for design, planning, and engineering of a new elementary and junior high school to replace flood-damaged facilities. The 2026A loan through the Public Building Authority of Clarksville and First Federal Bank runs for up to three years at about 4.25% while the County seeks FEMA/TEMA reimbursements, then will be converted to long-term financing if a balance remains. This confirms continued forward movement on the new school construction projects, signaling future design, construction, and related service procurements once financing and reimbursements are settled.

Background

Underlying project is construction of a new elementary and junior high school to replace schools destroyed in the August 2021 Trace Creek flood; FEMA/TEMA are expected major funders.

From the meeting

Meeting date
July 13, 2026
Agency
Humphreys County

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