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Authority explores Norfolk Southern land for greenway; authorizes signatories for construction draws

2124099 · January 7, 2025
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Summary

Board members discussed pursuing an abandoned Norfolk Southern railbed for a greenway and unanimously authorized designated signers for construction draw requests from the bond trustee.

The Crossville Sports Authority was updated on outreach to Norfolk Southern about a short, abandoned railbed adjacent to the project site and authorized trustee signatories for construction draw requests.

A board member said staff had contacted Norfolk Southern to ask whether the company would deed or sell a narrow strip of former railroad bed behind authority property. “We have reached out to Norfolk Southern. I've not heard back from them yet. I anticipate hearing back from them sometime, in the near future,” the board member said, and described prior conversations with nearby property owners and equipment dealers about possible future greenway connections.

Separately, the board voted to give the trustee — US Bank Trust Company — a list of authorized signers for construction disbursements to streamline payments once draws are submitted. The motion authorized two sports‑authority signers (the chair and vice chair) and two city signers (the city manager and the city finance director) to sign construction draw requests; the board instructed staff to provide specimen signatures to the trustee.

The motion passed on voice vote. Board members said they would include the chair and vice‑chair of the authority and the city manager and the finance director (named in the meeting as Valerie and Nathan Clouse) on the trustee authorization list. Staff said the trustee requires specimen signatures and that they would supply them.