$6M Facility Renovation Loan Approved with Forcht Bank
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Description
The Board approved a $6,000,000, 20-year loan with Forcht Bank to finance renovations at 6770 Dixie Highway. Loan closing will be handled by Chairman Taylor and Chief Meiman, with Legal Counsel review.
Contract Details
Contract Amount
$6,000,000
Vendor
FORCHT BANK
Agency
Pleasure Ridge Park Fire Protection District, KY
Contract Type
FINANCIAL_SERVICES
Document Date
December 15, 2025
Contract Term
20-year note (interest only during construction, can be refigured after 7 years)
Renewal Date
2045-12-15
Renewal Info
Loan may be refigured after 7 years under the current terms.
More from FORCHT BANK
Issuing Agency
Fire District
Louisville, KY
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Pleasure Ridge Park Fire Protection District Board of Trustee Meeting Minutes December 2025
Pleasure Ridge Park Fire Protection District Board of Trustee Meeting Minutes December 2025
Pleasure Ridge Park Fire Protection District Board of Trustee Meeting Minutes December 2025
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