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Town News

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Town Beautiful Commission Announces September Winners

September Ivy Grove opt

The Homeowner Association of the Month winner is Ivy Grove. Pictured on the front row: Ann Turner, Member Collierville Town Beautiful Commission, Lance Hepner, Vice-Chairman Collierville Town Beautiful Commission, Teresa Dunlap, Secretary Ivy Grove Homeowners Association, Samuel Crayton, President Ivy Grove Homeowners Association, Laurie Cotros, Chair Pool Committee Ivy Grove Homeowners Association and Kathy Clark, Chair Landscaping Committee. Pictured on the back row: Polly Shipley, Member Collierville Town Beautiful Commission, David Perry, Chairman Collierville Town Beautiful Commission, Jimmy Wilson, Chair Social Committee Ivy Grove Homeowners Association, Bill Hobbs, Vice President Ivy Grove Homeowners Association, and Scarlett Crews, Member Collierville Homeowners Association.

 

September Patriot Bank optThe Business of the Month winner is Patriot Bank, 279 Market Boulevard. Pictured left to right: Jeff Brandon, Member Collierville Town Beautiful Commission, Lance Hepner, Vice-Chairman Collierville Town Beautiful Commission, Polly Shipley, Member Collierville Town Beautiful Commission, Joann Wiles, Loan Assistant Patriot Bank, Michael Nabors, Collierville President Patriot Bank, Carla Clack, Customer Service Representative Patriot Bank, David Perry, Chairman Collierville Town Beautiful Commission, and Ann Turner, Member Collierville Town Beautiful Commission.

Officer Chris Rossie Promoted to Lieutenant in the Collierville Police Department

RossieCollierville Police Officer Chris Rossie participated in the department’s Explorer Program while attending Houston High School over a decade ago. The mentoring he gained during that experience has paid off: Rossie’s ten year career with the department reached a peak on Wednesday, August 26, 2015 when he was promoted to Lieutenant in a ceremony at the Town’s courthouse. (Pictured left to right are Chris’s mother, Martha Rossie, Chris Rossie, and his wife, Kim Rossie.)

Collierville Board Seizes Opportunity to Save Money through Refinancing Bonds

The Collierville Board of Mayor and Aldermen (BMA) passed a resolution Monday, August 24, 2015 that will save the Town approximately $1.2 million over the next 13 years. The BMA approved the refunding of $14.5 million of general obligation bonds issued in 2005, 2006, and 2008 that were originally issued to fund Town capital projects and water and sewer infrastructure improvements. Bond refunding is a form of refinancing. In this case, the Town is taking advantage of current interest rates that are significantly lower than rates on the existing bonds which will generate a savings of $1.2 million. The Town will experience an average of $92,000 in savings annually over the 13 year period. Savings realized from bond refunding can be used to lower expenses or be redirected to fund additional capital projects.

BMA 2015 optThe Collierville Board of Mayor and Aldermen continually look for ways to reduce operational costs and save money. They recently approved a bond refunding that will save approximately $1.2 million over 13 years. Pictured from left are: Alderman Billy Patton, Alderman/Vice-Mayor Maureen Fraser, Mayor Stan Joyner, Alderman Tom Allen, Alderman John E. Stamps, and Alderman John Worley

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Collierville Board Passes Resolutions Authorizing Town Administration to Issue Bonds for Construction of New High School - Collierville Schools Administration Moving Ahead with Site Development

high school rendering 2 optAt their regular meeting on August 24, 2015 the Collierville Board of Mayor and Aldermen (BMA) passed resolution 2015-47, the final resolution authorizing Town staff to issue but not exceed $95,000,000 in general obligation bonds for the purpose of constructing a new high school. The initial authorizing resolution for the general obligation bonds was approved on June 22, 2015. The passing of the final resolution clears the path for a planned bond sale in late September 2015. (Pictured is an architectural rendering of the new Collierville High School.)