Intergovernmental Committee approves one-year $125,000 parking-lease with Citizens National Bank
Summary
The committee approved a one-year lease for Citizens National Bank's use of a parking lot for $125,000; the payment will be split between Sevier County Government and the City of Sevierville, and the motion passed unanimously.
Mayor Larry Waters presented an updated lease for use of the Citizens National Bank parking lot. The updated term recorded in the minutes is one year for $125,000, with the amount to be split between Sevier County Government and the City of Sevierville.
Commissioner Jack Parton moved to approve the lease; Commissioner Rick Valentine seconded. The motion passed unanimously. The minutes do not include a breakdown of how the $125,000 is apportioned between county and city beyond the statement that it will be split.
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