City of Newport Staff Report March 2026
Southbank Partners Membership Payment Authorized
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Description
The City of Newport approved its FY 2025-2026 membership payment of $58,250 to Southbank Partners, supporting ongoing regional economic development and planning efforts. The membership rate will remain fixed for three years.
Contract Details
Contract Amount
$58,250 (FY 2025-2026)
Vendor
SOUTHBANK PARTNERS
Agency
City of Newport, KY
Contract Type
PROFESSIONAL_SERVICES
Document Date
March 15, 2026
Contract Term
Fiscal year 2025-2026 (rate fixed for three years)
Renewal Date
2027-06-30
Renewal Info
Membership rate remains unchanged for three fiscal years (through FY 2027-2028) per agreement.
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