Procurement subcommittee approves TWRA acceptance of two Bedford Lake tracts as a gift

Roger Jackson, real property agent for the Tennessee Wildlife Resources Agency, told the State Procurement Commission’s Executive Subcommittee that TWRA is requesting approval to acquire in fee and waive appraisal for roughly 3 acres in two tracts at Bedford Lake for landowners identified in the transcript as Cody and Karen Naster.

Jackson said the parcels will be a gift from the owner and that TWRA operating funds are not expected to be used for the acquisition beyond small due-diligence costs. A committee member queried apparent transaction-related costs; the committee record includes a reference by a member to an amount of about $2,425,000, which the presenter attributed to surveys and related due-diligence work but did not fully explain in the record.

A motion to approve the acquisition was moved and seconded and the committee approved the request by voice vote. The committee did not record a roll-call tally in the transcript. No public comment was received on the item during the meeting.

The approval will allow TWRA to add the parcels to holdings at Bedford Lake. The transcript does not specify next steps for recording or closing or whether any additional approvals are required.