City of Oak Ridge

The board meeting agenda includes the review of financial reports, specifically the two-year tool, and a report from the Executive Director. Additionally, the board will address committee reports, the write-off of accounts, a change to the fiscal year-end, and updates to the Tennessee Bank signer authority.

The Board meeting focused on key infrastructure and development projects, specifically within the Horizon Center Industrial Park. Key discussions included authorizing the execution of easements for the Area 7 site development, the transfer of approximately five acres of land to the City of Oak Ridge for the construction of an electrical substation, and the necessary amendments to the Declaration of Covenants, Conditions, and Restrictions of the Horizon Center to allow overhead power lines and clarify that city-owned electrical substations are an allowable use within the park. The Board also reviewed financial reports, prospect activity, and committee appointments for 2026.

The board discussed several items, including the end of the year report to the City Council, the development of a sidewalk letter to the City Council, and plans for upcoming town hall meetings. The election of board officers was tabled for a future meeting. Updates were provided regarding other City Boards and Commissions. A citizen addressed the board with questions and recommendations for improving quality of life for the disabled community.

The board discussed the purchase of Phase 1 land by Wilson Street Partners, LLC and the option for subsequent phases. New business included a purchase offer for 126 Jonathan Lane and a review of letters of interest from CPA firms for annual audit services. The board also reviewed the Treasurer's report and financial statements for March and April 2026.

The board discussed several items including the organization of an upcoming team-building trip, potential future service projects, and requests for additional donations for a graduation celebration. Previous committee reports highlighted planning and fundraising efforts for the Art in the Park event, including layout designs and the procurement of necessary supplies. Additionally, information regarding the Baker Future Leader Project and potential volunteer opportunities for the Touch a Truck event were shared.