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Board approves $6 million tax‑anticipation note and multiple contract awards

Franklin Special Board of Education · April 14, 2026

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Summary

At its April meeting the Franklin Special Board of Education approved an amended tax anticipation promissory note for a $6,000,000 unsecured line of credit and awarded contracts for monument signage and food services, and accepted several vendor bid awards. All motions passed on roll‑call votes.

The Franklin Special Board of Education unanimously approved several routine financial measures at its April 28 meeting, including a short‑term borrowing arrangement and multiple procurement awards.

Dr. Snowden presented Item 1 as an amendment to the district's tax anticipation revolving loan agreement and an amended and restated general purpose fund promissory note, describing "a $6,000,000 unsecured line of credit with a 2 year maturity" to cover short‑term cash‑flow needs before property tax collections. The board moved, seconded, and approved the measure by roll call. The roll call recorded "Yes" votes for Mister Townsville, Mister Stillings, Miss Bell, Mister Blair, Miss Newman, and Miss Parker.

Under Item 2 the administration recommended awarding the replacement school monument signage contract, a bond‑funded project, to Romack Incorporated as the lowest responsible bidder. Dr. Snowden said a picture of the proposed replacement had been provided in the board packet and recommended approval of the total contract of $509,400. The board approved the contract by roll call.

Item 3 authorized award of the major food and chemical request for proposals (RFP) for the 2026–27 school year to Sysco of Nashville, described as a one‑year contract with the option to renew for up to four additional years. The administration provided a scoring rubric and price comparisons for board review; the board voted to approve the award.

The board also approved Item 4, a slate of bid awards for milk and dairy, ice cream, paper products, and commodity processing tied to the food services program (vendors mentioned included Purity Milk, Cisco of Nashville, Omnia Partners for paper products, Gold Kist, and Tyson for commodity processing). Board members confirmed these are the district's typical vendors before approving the awards by roll call.

All items were presented as administration recommendations and passed without recorded opposition. The board adjourned its regular meeting and moved into a scheduled budget work session.

Votes at a glance: - Tax anticipation promissory note (eighteenth amendment): Approved (roll call recorded: Townsville, Stillings, Bell, Blair, Newman, Parker — all "Yes"). - School entrance monument contract (Romack Incorporated): Approved, $509,400. - Major food & chemical RFP (Sysco of Nashville): Approved, 2026–27 with renewal options. - Bid awards for milk/dairy, paper products, commodity processing (listed vendors): Approved.

The board did not record any 'No' or abstain votes in the public roll calls for these items and provided no additional conditions in the meeting record.