07/28/26 East Bank Development Authority

The East Bank Development Authority held a meeting on July 28, 2026, to discuss updates on the East Bank program, including infrastructure projects, utility coordination, and sustainability efforts. Key procurement-related topics included the approval of a Memorandum of Understanding (MOU) with Nashville Electric Service (NES) for a Central Waterfront district-wide utility infrastructure project, which involves shared responsibilities and cost-sharing for duct bank construction and equipment installation. The board approved this MOU, emphasizing ongoing collaboration with NES and other partners. Discussions also covered funding status, project timelines, and coordination with telecommunications providers, noting challenges in integrating shared communications conduits due to cost feasibility. Additionally, the board received an update on sustainability initiatives and brownfield remediation efforts, as well as staffing updates including the hiring of a new finance manager to oversee financial planning and capital expenditures. The board anticipates further MOU approvals and project updates in upcoming meetings, maintaining a focus on financial accountability and strategic infrastructure development.