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Gatlinburg aldermen approve bond resolutions, several zoning ordinances, appointments and a beer-permit; first readings also advanced
Summary
The Gatlinburg Board of Mayor and Aldermen approved bond resolutions to begin issuing up to $10 million for water treatment plant improvements and a public safety building addition, approved multiple zoning actions, and made appointments to municipal boards.
The Gatlinburg Board of Mayor and Aldermen approved initial and final bond resolutions to begin the process for issuing up to $10 million in general obligation bonds to fund improvements to the city’s water treatment plant and to add onto the public safety building.
City staff described the funding plan as a split use of the bond proceeds: $5 million toward the water treatment plant expansion (25-year term) and $5 million toward the public safety building addition (20-year term). The Board approved an initial bond resolution to start the comment period and a subsequent resolution authorizing issuance in an aggregate amount not to exceed $10,000,000.
The…
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