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State Funding Board selects Hawkins Delafield & Wood as bond counsel; approves routine items

Tennessee State Funding Board · March 23, 2026
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Summary

The board awarded a five-year bond counsel contract to Hawkins Delafield & Wood starting May 1, 2026, and completed routine business including approval of prior meeting minutes, acknowledgement of the CMIA annual report and adjournment.

The Tennessee State Funding Board voted March 23 to select Hawkins Delafield & Wood as the board’s bond counsel under a five-year contract beginning May 1, 2026 and delegated authority to the Comptroller to finalize contract details.

Earlier in the meeting the board approved the Feb. 23, 2026 minutes by voice vote. The board also acknowledged receipt of the state fiscal year 2025 Cash Management Improvement Act (CMIA) annual report submitted by the Department of Finance and Administration; no substantive discussion or objections were recorded.

The motion to award bond counsel, made and seconded during the meeting, passed by voice vote with no opposition reported. The board concluded its agenda and adjourned after a motion to adjourn was made, seconded and approved.

All votes reported in the transcript were voice votes; no roll-call tallies were provided in the meeting record.