Sales tax referendum to fund new schools in Tennessee made possible with P3
By Berry Craig IV
P3 Kentucky Staff Writer
The Greater Nashville Regional Council (GNRC) has recognized the Williamson County partnership that led to a successful February 2018 referendum for funding to facilitate school construction/renovation projects.
The Marshall S. Stuart Memorial Award for Intergovernmental Cooperation was presented to the Williamson County Government, Williamson County Association of REALTORS® (WCAR), Williamson, Inc., plus the municipal governments of Brentwood, Fairview, Franklin, Nolensville, Spring Hill, and Thompson’s Station.
According to Williamson, Inc. CEO Matt Largen, the award represents the “hard work of a broad coalition of community leaders who stepped up to create the first step to fully funding our number-one economic asset, our school systems. I want to thank the Williamson County Association of REALTORS® specifically for their willingness to lead on this important issue. Their work led to the overwhelming community support of this key initiative.”
Public-private partnerships offer municipalities and cities the opportunity to leverage finances for projects from schools to hospitals and more.
