Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Committee notes four capital projects; directs separate retainage accounts
Coffee County Tennessee Investment Committee · February 19, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
Committee members reported four upcoming projects over $500,000 and asked staff to open separate interest-bearing retainage accounts and to share bid/invoice details once available.
During new business the committee was told there are four capital projects expected to exceed $500,000 that will require separate retainage accounts. A committee member said the county will take a 5% retainage when contractors invoice and that retainage must be held in labeled, interest‑bearing accounts…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
30-day money-back on paid plans
