Towne Properties Pursues $16M Expansion with IRB
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Description
Towne Properties seeks IRB for $16 million Wright's Point Apartments expansion, expecting 14-month construction start in Winter 2024/Spring 2025. The city will issue a conduit bond and the project includes paying 100% taxes.
Contract Details
Contract Amount
$16,000,000
Vendor
TOWNE PROPERTIES
Agency
City of Fort Wright, KY
Contract Type
Industrial Revenue Bond
Document Date
August 7, 2024
Contract Term
30 years
More from TOWNE PROPERTIES
More from City of Fort Wright
City of Fort Wright City Council Minutes 2026-05-06
City of Fort Wright City Council Minutes 2026-05-06
City of Fort Wright City Council Minutes 2026-05-06
City of Fort Wright City Council Minutes 2026-05-06
City of Fort Wright City Council Minutes 2026-05-06
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