Tennessee Municipal Bond Fund

  • Bob Kirk
    Chairman of the Board
  • Tom Rowland
    Vice Chairman, Member of Executive Committee
  • Ken Wilber
    Mayor of Portland
  • Dale Kelley
    Mayor of Huntingdon
  • Kay Senter
    Morristown Vice Mayor
  • Margaret Mahery
    Ex - Officio Member
  • Charles "Bones" Seivers
    President - CEO TMBF
  • Wade Morrell
    Executive Vice President - CFO
  • Linda Mooningham
    Director, Marketing Legal Coordinator
  • Charles W. Bone
    Bond and Tax Counsel
  • Tommy Green
    Marketing Representative
  • Steve Queener
    Marketing Representative

About

The Tennessee Municipal Bond Fund ("TMBF") creates and administers various types of loan programs for the benefit of cities and counties. As an entity of the Tennessee Municipal League, TMBF works closely with city officials to structure cost-effective and flexible borrowing options. Any governmental purpose project qualifies for financing through the TMBF programs. The loan size and/or repayment term typically determines which program a borrower utilizes. Types of projects include but are not limited to schools, roads, utilities, public buildings, jails, equipment, and any other project considered to be of benefit to the public. Project funds are available for any size government.

Contact Information: TMBF 226 Capitol Blvd., Suite 502 Nashville, Tenn 37219 Phone: 615-255-1561 Fax: 615-255-7428

History

Created in 1985, TMBF, began making loans in 1986. Since inception, programs administered by TMBF have resulted in total borrowings by local governments in Tennessee in excess of $3.1 billion. Many borrowers have multiple loans through one or more programs. Loan sizes range from $21,000 to $103 million. More than 160 local governments have utilized the services of TMBF resulting in tremendous cost savings for these borrowers. The interest rate on the popular variable rate pooled loan program has averaged under 3% since 1986.

Administration

TMBF is governed by a Board of Directors and staff that is ready to serve you.