Music City cited for sustainability
Posted on November 12, 2009 at 7:17 am
A new white paper published by the American Institute of Architects includes a case study of Nashville’s efforts to infuse its growth plans with green building and development thinking. The snapshot — sanitized a bit by phrases like ‘millions of dollars in building still scheduled for completion’ when talking about The Gulch — is part of a broader AIA plan to make the U.S. built environment carbon-neutral by 2030.
SEE ALSO: An update on some of the millions that have already been spent on The Gulch
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Financial milestone for Rutherford utility
Posted on November 11, 2009 at 9:10 amStandard & Poor’s has given the Consolidated Utility District of Rutherford County its first-ever AAA rating.
This AAA/Stable rating was awarded as CUCRC prepared for the sale of $15 million in 20-year bonds. The proceeds will help to refinance the utility’s previous debt which was used to improve its system which serves almost 43,000 customers in Rutherford County. The bond monies will also be used to provide additional capital for ongoing projects.
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Hayes Pipe Supply buys new branch facility
Posted on at 7:29 amFrom the Real Estate Channel:
Josh Tarkow, associate, negotiated the purchase of three industrial buildings totaling 12,731sf on a 6.3 acre site in Tampa for $1.213 Million.Tarkow negotiated the on behalf Nashville-based Hayes Pipe Supply who purchased the property at 9416 E. Martin Luther King Jr. Blvd. for its new branch facility. Hayes has eight locations in the US. Rockdale Pipeline of Conyers, Ga. is the seller.
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Billions more for transportation?
Posted on October 30, 2009 at 1:53 pm
TRG analyst Kathryn Thompson says the latest political posturing over infrastructure spending could push the conversation to a more productive place.
What does this all mean? Perhaps the biggest roadblock to transportation reauthorization debate has been lack of guidance from the White House. Durbin’s unique political position (i.e., Senate majority whip & close ties to Illinois based President Obama) could help bring to light to the Obama administration that the transportation bill is, in fact, a politically worthy cause to address sooner rather than later. Overall, it is clear that the pressure is mounting, driven by state DOTs, industry, and rising unemployment.
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Gun maker takes aim at TDOT
Posted on at 10:39 am
Ronnie Barrett says state officials told him they were on board with his plans to expand and add 300 jobs just off I-24 in Rutherford County — until they weren’t and left him with a building he can’t get to.
“TDOT was very in favor of it. They said, ‘Yes, we like it. It’s an old farm fence out there. I think it’s going to be easy just to move the fence,’” said Barrett. “Now we have the inability to be able to win certain government contracts because our building’s not big enough.”
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NES misses out on smart grid stimulus
Posted on October 28, 2009 at 9:03 am
Tom Wood has the details on which three Tennessee cities will get a share of President Obama’s plan to upgrade the country’s electrical grid.
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Millions of stimulus dollars for area water projects
Posted on October 27, 2009 at 8:03 am
Officials in Nashville, Franklin and Dickson County can expect a stimulus check in the mail for water and wastewater system improvements. The total money being allocated to the three as part of the third round of Recovery Act spending is a shade under $14 million.
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Virginia contract for Infrastructure Corp.
Posted on October 23, 2009 at 10:51 amBrentwood-based Infrastructure Corp. of America has been awarded a $9 million job to repair about 20 bridges in Virginia’s Shenandoah Valley.
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Central Parking renew California contract
Posted on September 30, 2009 at 8:49 amThe Nashville-based company sauys it has signed a multi-year extension of its deal with Orange County’s toll roads authority.
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Technicality could put federal road funds beyond reach
Posted on September 29, 2009 at 1:19 pm
The National Governors Association recently wrote to lawmakers calling for quick legislastive action that would restore $9 billion in federal money earmarked for transportation projects.
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Murfreesboro in big bond issue
Posted on September 23, 2009 at 8:37 am
Rutherford County’s center of commerce has issued more than $120 million in debt that will mature from next year to 2026. The proceeds will go toward sewer and electric infrastructure projects as well as the city’s general fund.
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Area water infrastructure projects land loans
Posted on September 4, 2009 at 7:07 amThe Tennessee Local Development Authority has approved $37 million in loans to various projects around the state. The money’s coming in part from federal stimulus programs. The Nashville area is getting the following:
Town of Smyrna (Rutherford County) –for green-treated wastewater reuse and new storage tank project. Total: $5,750,000. Loan: 20-year loan for $3,450,000. Interest Rate: 2.14 percent. Principal Forgiveness: $2,300,000.
City of White House (Robertson/Sumner Counties) – for construction of approximately 2,500 LF of gravity sewer lines, 2,500 LF of force main, 16 manholes, and a new duplex sewer lift station at Copes Crossing to replace the existing Tyree Springs sewer lift station. Total: $1,000,000. Loan: 20-year loan for $600,000. Interest Rate: 1.77 percent. Principal Forgiveness: $400,000.
Madison Suburban Utility District (Davidson County) – for green-water treatment plant improvements with sustainable practices for water and energy efficiency via the automation and integration of processes and equipment and the conversion from chlorine gas to liquid bleach. Total: $1,100,000. Loan: 20-year loan for $660,000. Interest Rate: 2.86 percent. Principal Forgiveness: $440,000.
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Goodlettsville gets stimulated
Posted on August 5, 2009 at 1:42 pmFederal and state stimulus funding will help Goodlettsville upgrade thousands of feet of sewer lines as well as a collection basin near the Mansker Creek pumping station.
This will reduce the amount of infiltration and inflow entering the sewer collection system during rain events and temporarily store excessive flows that reach the pump station, reducing sewage overflows to Mansker Creek. The project will be funded with a 20-year, $7.5 million loan with an interest rate of 2.88 percent and $5 million in principal forgiveness that will not have to be repaid.
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New bus service ready to run
Posted on July 26, 2009 at 11:31 pmAnchor Trailways is wrapping up preparations for the launch of the A.T. Runner, which will connect Nashville with Florence, Ala., and point in between. Funding for the venture is coming from state and federal sources.
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We’ve got killer roads
Posted on July 1, 2009 at 10:18 pmTennessee’s deficient roads produce some of the highest crash costs in the country, says a transportation safety research shop. As for getting people to drive more safely…
“Although behavioral factors are involved in most crashes, avoiding those crashes through driver improvement requires reaching millions of individuals and getting them to sustain best safety practices,” continued Miller. “It is far more practical to make the roadway environment more forgiving and protective.”
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