Board of Trustees for the Murfreesboro Community Investment Trust to Meet Tuesday

Jan 20, 2023 at 08:40 pm by WGNS News MURFREESBORO, Tenn. — The Board of Trustees for the Murfreesboro Community Investment Trust will meet Tuesday...

January 21, 2023
11:46 AM

Jan 20, 2023 at 08:40 pm by WGNS News MURFREESBORO, Tenn. — The Board of Trustees for the Murfreesboro Community Investment Trust will meet Tuesday at the Municipal Airport Business Center. This will be the first meeting conducted on the management of proceeds derived by the sale of the Murfreesboro Electric Department. Middle Tennessee Electric purchased Murfreesboro Electric in June of 2020 for $245 million. At closing, Middle Tennessee Electric made a down-payment of $43 million and agreed to annual installments of just over $17.

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