[{"_1":2,"_100":-5,"_101":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,76,88],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},"mediaId",6540641,"mediaKeyId","3378779-899e0af854d7bdb9b379c8168ee328a6","parentId",3378779,"title","Town of Brighton notifies TLDA of intent to issue $428,000 water and sewer bonds; lien will be subordinate to SRF loans","audioSeconds",34,"startMs",305970,"endMs",340240,"viewUrl","/Search/View?dp=1&key=3378779-899e0af854d7bdb9b379c8168ee328a6&start=305&end=340","thumbnailUrl","https://assets.pipeline.soar.com/3378779-899e0af854d7bdb9b379c8168ee328a6/thumbnail_305970.jpg","articleUrl","/articles/6540641/Tennessee/Town-of-Brighton-notifies-TLDA-of-intent-to-issue-428000-water-and-sewer-bonds-lien-will-be-subordinate-to-SRF-loans","mediaUrl","https://secure.pipeline.soar.com/6540641-7ccc0f4814cd55227881fb1a8c69ca0c/orig.mp4?Expires=1770636213&Signature=I7PmRWZHc~9ueCEYdg90bZTudFKSLe16K9gizTBzLpOrP8QLdoGH-ivUcCZx19yOJkBn6PItnVilklPLnhKyAKTuJoHTOblIDz0loHyg5Bqc1ikBtygSGry8s-WiG3zE7Cq3kHk8L0fE--kvqoDGpruy1YATBvqLM4YmoUrVIiyTWRJ8Q5~AEBV1DCOjjZQaMVPvBFWl9NGo6dpumKpmXgDmV-N7b1AjVx64wQovfuSARx2h5MwcF48yvSfYqVUA1niQERr8qcTExAMDvTLSGJ6YNO7hCaUEdYHnZmEPhvDVWO7TEcwPwcZVuwHxvUfiVkLce2PSwaT4gC843vzx9w__&Key-Pair-Id=KUT5TJCACFTXG","author","Comptroller of the Treasury","date","2025-05-19T15:00:21Z","article","At the May 19, 2025, meeting of the Tennessee Local Development Authority, staff reported written notification from the Town of Brighton that it intends to issue $428,000 in water and sewer bonds in accordance with TLDA policy and guidance for borrowers.

Miss Thompson, TLDA staff, told the board the bonds \"will be issued with a lien position that's subordinate to the lien position of their outstanding SRF loans.\" The item was presented as a nonaction notification; the board acknowledged the notice and did not take further action.

No additional terms, issuance schedule or purchaser information was provided in the meeting record. Staff characterized the submission as complying with TLDA borrower notification requirements.","mediaType","Video","parentTitle","Tennessee Local Development Authority - 5/19/2025","oneSentenceSummary","TLDA staff notified the board that the Town of Brighton submitted written notice of intent to issue $428,000 in water and sewer bonds; the bonds will carry lien positions subordinate to the town's outstanding SRF loans.","taxTitle","Comptroller of the Treasury, Deparments in Office of the Governor, Organizations, Executive, Tennessee","taxId",36971,"location","Tennessee","headline","","shortSummary",{"_33":77,"_35":36,"_37":38,"_39":78,"_41":79,"_43":80,"_45":81,"_47":82,"_49":83,"_51":84,"_53":85,"_55":56,"_57":58,"_59":86,"_61":62,"_63":64,"_65":87,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6540645,"TLDA reports loan forbearance requests and plans for SRF emergency grants after Hurricane Helene",64,207955,272745,"/Search/View?dp=1&key=3378779-899e0af854d7bdb9b379c8168ee328a6&start=207&end=272","https://assets.pipeline.soar.com/3378779-899e0af854d7bdb9b379c8168ee328a6/thumbnail_207955.jpg","/articles/6540645/Tennessee/TLDA-reports-loan-forbearance-requests-and-plans-for-SRF-emergency-grants-after-Hurricane-Helene","https://secure.pipeline.soar.com/6540645-942820821d8773d63503c5be21aa97b4/orig.mp4?Expires=1770636213&Signature=k4~VVRwjyFDtceWjZBXQgRs5xEsIjoXaapzqm8x362V8vb-OweLI3RXF5wVQE9s2xWFvQW4NPXJibLQZChqzsfX7pkpkRYDVPp5rkEEl7Mi5pjVRrv8fhKCmMKgjJZ9Ui~o6YJHPLhD4LGURmCR4zf3zCqOC4YbHdOzK8T~LekJ8pGXTggcBTeNBhw8ShyrJI4oA-PjFJQ7OuAn1VM63lFj80lOE80k~838-sc3eCxdBNoEm0ojhKM~cdXbUsBl19zYiyI9-6PkAhH88510pDhL0FvNWRDJ5i157dd3Q6xv37NlV~r~Q6ipQXz6bpjJD6Rka~98E4nJe-oWQxtQ~cg__&Key-Pair-Id=KUT5TJCACFTXG","At its May 19, 2025, meeting, the Tennessee Local Development Authority received a staff report on utilities seeking loan forbearance after Hurricane Helene and on TLDA planning to apply for SRF emergency response grant funds.

\"We did provide loan forbearance option for hurricane Helene affected utilities, and we had 3 utilities participate in that,\" Miss Jones, TLDA staff, told the board. Jones said Irwin Utility Authority requested forbearance on eight loans — one wastewater loan and seven drinking-water loans — and that the town of Perritsville requested forbearance for two wastewater loans. White Pine, which has not started projects, requested forbearance on one clean water loan and one drinking-water loan.

Jones said TLDA will host a webinar for utilities to discuss SRF Helene emergency response cap grants and that staff anticipates applying in July. \"We should receive about $55,000,000 for those entities,\" Jones said. The webinar mentioned at the meeting was described by staff as an informal conversation; staff offered to extend invitations to board members for both the informal session and the later official announcement.

Board members requested staff share the webinar information so staff and board can attend; no formal action or vote was taken on the grant application or the forbearance arrangements during the meeting.","TLDA staff reported three utilities affected by Hurricane Helene have requested loan forbearance; the authority plans to apply for SRF emergency response grants in July and expects to receive approximately $55 million for affected entities.",{"_33":89,"_35":36,"_37":38,"_39":90,"_41":91,"_43":92,"_45":93,"_47":94,"_49":95,"_51":96,"_53":97,"_55":56,"_57":58,"_59":98,"_61":62,"_63":64,"_65":99,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6540649,"Tennessee Local Development Authority approves $231,000 Clean Water planning loan for Plateau Utility District",151,47825,199000,"/Search/View?dp=1&key=3378779-899e0af854d7bdb9b379c8168ee328a6&start=47&end=199","https://assets.pipeline.soar.com/3378779-899e0af854d7bdb9b379c8168ee328a6/thumbnail_47825.jpg","/articles/6540649/Tennessee/Tennessee-Local-Development-Authority-approves-231000-Clean-Water-planning-loan-for-Plateau-Utility-District","https://secure.pipeline.soar.com/6540649-c0eeb93960cc58448327d8bd6995542e/orig.mp4?Expires=1770636213&Signature=D9XEhQSb9-PpM8jNBVGtCwLXNzOGrSTk-LGvJBA8Y19crDnJS9r~SWKhustaftFkwz-zQnR8loFpqMxDISQ~bC93IsQfY4unq0UijubVrRcMseQ1f5LvC2v4QZbjCnN7D4w~kTiCOuE9vjZ5S9nqOeNmIwfQ1B-Or8Lbw4WBl4hQEWcN2zKEnf2j6gCM6MfWhUtuYGp-Kvh0A4mjIc9WnZmghY9HFLZ1SUfaJTQMDkzpxybrK6ERkDIJbjwY8s3rKnwLFd7u3ciprep-yz7n4SJyfx32lJE2OC5f7UqnQ4lWqGIMcXUrIjR3sjNw7lXG4~6jn75tGTP5EE0OFqhA9w__&Key-Pair-Id=KUT5TJCACFTXG","On May 19, 2025, the Tennessee Local Development Authority approved a $231,000 planning and design loan to Plateau Utility District from the Clean Water State Revolving Fund at 1.13% interest; 50% of the loan, $115,500, will be forgiven if conditions are met.

The action followed a staff report on the SRF balances. \"The unobligated balance as of the last TLDA meeting, was $245,425,261. Cleveland Utility Authorities did, return some money, $132,981, increasing that balance to $245,558,242,\" said Miss Jones, TLDA staff. Jones said approving the Plateau loan would leave an unobligated clean water balance of $245,327,242. Jones also reported an unobligated emerging contaminant fund balance of $1,358,000.

Miss Jones described Plateau as a disadvantaged community and said the utility met TLDA fiscal requirements: its rates and revenues met sustainability standards, audits were filed on time, and the district maintains an approved annual budget. \"Plateau Utility District has supplied all of the required information, including information on debt service and pledged a security deposit of $23,772. So we are supporting, the approval of this loan,\" Jones said.

The chair moved approval and the motion was seconded. With no discussion, board members voted to approve the item; the meeting record shows the item \"is approved.\" The transcript does not record individual roll-call votes or named yes/no votes.

The loan will fund planning and design for the district; staff did not request rate increases as part of the approval and indicated the district met reporting requirements. No additional conditions or implementation dates were specified in the meeting record.

The board also approved the April 10, 2025, minutes earlier in the meeting and then continued to other agenda items.","On May 19, 2025, the Tennessee Local Development Authority approved a $231,000 planning and design loan to Plateau Utility District from the Clean Water State Revolving Fund at 1.13% interest, with 50% ($115,500) eligible for loan forgiveness.","actionData","errors"]

Article not found

Town of Brighton notifies TLDA of intent to issue $428,000 water and sewer bonds; lien will be subordinate to SRF loans

TLDA reports loan forbearance requests and plans for SRF emergency grants after Hurricane Helene

Tennessee Local Development Authority approves $231,000 Clean Water planning loan for Plateau Utility District