Bond Resolution for SoFu Commerce Center Industrial Project
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Description
The Development Authority of Fulton County is considering a final bond resolution for Roosevelt COSF Owner, LLC to issue $28 million in bonds supporting the SoFu Commerce Center industrial project. The incentive-backed $24 million investment would deliver a modern light industrial facility in South Fulton, creating roughly 300 jobs and expanding the local tax base over a 10-year incentive period.
Contract Details
Contract Amount
$28,000,000 bond issuance (project investment $24,000,000)
Vendor
ROOSEVELT COSF OWNER LLC
Agency
Housing Authority of Fulton, KY
Contract Type
FINANCIAL_SERVICES
Document Date
May 19, 2026
Contract Term
Approximately 10-year incentive period; construction completion targeted Q1 2027
Renewal Info
Single bond issuance associated with a 10-year incentive/tax abatement period; no renewal terms identified in the agenda materials.
More from ROOSEVELT COSF OWNER LLC
More from Housing Authority of Fulton
Development Authority of Fulton County AgendaPacket Regular Meeting 2026-05-19
Development Authority of Fulton County Meeting Minutes April 2026
Development Authority of Fulton County Meeting Minutes April 2026
Development Authority of Fulton County Meeting Minutes April 2026
Development Authority of Fulton County Meeting Minutes April 2026
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