Tennessee Comptroller of the Treasury
Tennessee Local Development Authority
Sandi_Thompson Sandra Thompson
Director of State & Local Finance

 

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The Tennessee Local Development Authority is delegated the responsibility for issuing bonds and notes to provide funds (1) to make loans to local governments for water, sewer and solid waste resource recovery facilities, (2) to make loans to certain small business concerns for pollution control facilities, (3) to make loans to local government units for capital projects, (4) to make loans to farmers for certain capital improvements, (5) to make loans to counties for the acquisition of equipment for use by county or volunteer fire departments serving unincorporated areas, (6) to make loans to airport authorities and municipal airports, (7) to make loans to mental health/mental retardation and drug facilities, and (8) to reimburse reasonable and safe cleanup of petroleum sites. As of June 30, 2014, the Authority’s outstanding indebtedness was $5,520,000 in bonds.

 

The membership of the Authority by position and current members are as follows:

Governor Haslam

Bill Haslam
Chair
Governor

Secretary Hargett

Tre Hargett
Vice Chair
Secretary of State

Comptroller Wilson

Justin P Wilson
Secretary
Comptroller of the Treasury

Treasurer Lillard

David H. Lillard, Jr.

State Treasurer

Commissioner Larrry

Larry B. Martin
Interim Commissioner of
Finance & Administration

Kenneth L. Moore

Kenneth L. Moore
House Appointee

Pat Wolfe

Pat Wolfe
Senate Appointee