During the recent Board of Mayor and Aldermen (BOMA) work session in Franklin, key discussions centered around infrastructure funding and regulatory updates that could significantly impact the community.

One of the primary topics was the potential for new development in the Cool Springs area. City officials highlighted the importance of partnerships with developers to enhance infrastructure, particularly as the area continues to grow. Michael Walters, the Chief Budget Performance Officer, reported that there is currently $134 million in funding capacity that remains unallocated. This funding could be utilized for various capital improvement projects, with road impact fees identified as a primary source for financing necessary improvements to arterial and collector roadways.

The meeting also addressed the financial contributions from recent developments, specifically mentioning the McEwen at Gold Springs project. Officials confirmed that impact fees from this development are being collected and will contribute to the financing model for future infrastructure needs.

In addition to infrastructure discussions, the board reviewed an ordinance aimed at clarifying the types of beer permits that the city’s beer board can issue. This amendment seeks to ensure consistency in the municipal code regarding manufacturing and distributing permits, which includes provisions for local breweries. The ordinance does not expand or limit existing authority but aims to streamline the regulatory framework for alcohol permits.

As Franklin continues to grow, these discussions reflect the city’s commitment to managing development responsibly while ensuring that infrastructure keeps pace with community needs. The outcomes of these meetings will play a crucial role in shaping the future of Franklin, addressing both growth and regulatory clarity for local businesses.