The TSSAA Board of Control met for a special called meeting at the TSSAA office building in Hermitage on Monday, October 27.
Representatives from Hewlett Spencer (owner's representative for TSSAA) discussed the design, pricing, and timeline for the new office building.
The Board took action to secure an $8 million loan for the construction of the new TSSAA office building and approved construction of the new office building.
A full summary of the meeting can be viewed below.
Voted to approve the resolution for the Board of Control to authorize the borrowing of up to $8 million and stating an official intent for reimbursement in order to finance the construction of a new TSSAA office building, with authorization for state office staff to work with the lender and lock in a rate if advantageous during construction.
Voted to approve the construction of a new TSSAA office building.
Voted to adjourn the meeting.
