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Industrial Development Board approves inducement resolution for Second Harvest’s new Donaldson Pike campus
Summary
The Industrial Development Board voted to approve an inducement resolution that lets Second Harvest of Middle Tennessee pursue tax-exempt revenue bonds to build a larger food bank campus at 1301 Donaldson Pike. The resolution authorizes the financing process but is not a final bond issuance.
The Industrial Development Board voted to approve an inducement resolution on April 8 authorizing Second Harvest of Middle Tennessee to move forward with plans to finance a new campus at 1301 Donaldson Pike.
Troy Edwards, chief operating officer of Second Harvest, told the board the nonprofit served 46 counties and distributed about 50,000,000 meals last year. He said the organization’s current Metro Center facility — about 98,000 square feet and its home for more than two decades — is routinely at roughly 95% capacity and limits the food bank’s ability to add programs and receive volunteers. “We distributed about 50,000,000 meals last year,” Edwards said, summarizing the scale of need driving the project.
Second Har…
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