City confirms Zaxby's purchase of property for $1.05 million amid appraisal concerns

In the heart of La Vergne's city hall, a crucial discussion unfolded during the Board of Mayor and Aldermen meeting on February 4, 2025. As the evening progressed, officials addressed the sale of a city property that has sparked interest and speculation among residents.

Alderman Kyle Brown took the floor to clarify the situation surrounding the potential sale to Zaxby's, a well-known restaurant chain. He emphasized the importance of transparency, stating, “I just want the folks watching at home to understand exactly what is going on because there's gonna be rumors and there's gonna be questions.” This sentiment resonated throughout the meeting, as officials aimed to dispel any misconceptions about the transaction.

Brown revealed that the city had consulted an appraiser regarding the property, which would require a minimum investment of $3,500 for a reappraisal. However, he noted that the likelihood of the property’s value increasing was “very slim to none.” The proposed sale price of $1,050,000 was positioned as fair, especially considering the risk of losing the buyer if the city delayed the sale.

The discussion highlighted the strategic importance of the property, with Brown explaining that its sale would complete a critical piece of development in the area. “This will complete the puzzle,” he remarked, underscoring the potential benefits for the community.

As the meeting drew to a close, the board voted on the motion to proceed with the sale, which passed with a majority in favor. Alderman Hobbs and others expressed their support, reinforcing the message that the city was not undervaluing its assets.

This meeting not only addressed a specific property sale but also served as a reminder of the ongoing efforts by city officials to maintain open communication with residents. As La Vergne continues to grow, the decisions made in these meetings will shape the community's future, ensuring that transparency remains a priority amidst the complexities of local governance.