Civic IQ
FINANCIAL_SERVICESAPPROVED

Pleasure Ridge Park Fire Protection District Board of Trustee Meeting Minutes December 2025

$6M Facility Renovation Loan Approved with Forcht Bank

$6,000,000Pleasure Ridge Park Fire Protection DistrictFORCHT BANKDecember 15, 2025

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WithersRavenel logo
Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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IANS Research logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
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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.

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