City of Madisonville Agenda Packet 2026-05-11
Madisonville Approves $1.28M EPAD Financing for Legacy Spaces
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Description
The City of Madisonville approved a $1,284,420.00 EPAD program financing agreement for Legacy Spaces, LLC, supporting energy, water, and renewable upgrades at 31 S. Main Street with repayment over 30 years via special assessments.
Contract Details
Contract Amount
$1,284,420.00
Vendor
LEGACY SPACES LLC
Agency
City of Madisonville, KY
Contract Type
OTHER
Document Date
May 11, 2026
Contract Term
30 years
Renewal Date
2056-05-11
Renewal Info
The agreement is for a 30-year term; annual assessment schedules set; prepayment possible per agreement; lien is released upon full repayment.
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City of Madisonville Agenda Packet 2026-06-01
APPROVEDCity of Madisonville City Council Agenda 2026-05-11
APPROVEDCity of Madisonville City Council Minutes 2026-05-11
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City of Madisonville Agenda Packet 2026-06-01
City of Madisonville Agenda Packet 2026-05-11
City of Madisonville City Council Agenda 2026-05-11
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