FACILITIESPENDING

Glasgow Weighs $85M Bond-Financed Lease With Tate

The City of Glasgow is considering a resolution to issue up to $85 million in taxable industrial building revenue bonds to finance an industrial building project to be leased to Tate Access Floors, Inc. The action would also authorize a lease agreement and payment in lieu of taxes agreement, contingent on final approval of a state incentive package.

Status
PENDING
Document date
January 29, 2026
Contract type
FACILITIES
Vendor
Tate Access Floors Inc
Agency
City of Glasgow · KY

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

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $85,000,000 (bond principal amount)
Contract type
FACILITIES
Renewal
Industrial building revenue bond financing with corresponding lease and PILOT agreements; specific lease duration and renewal or extension options are not detailed in the agenda text.
Document type
Agenda
Source document
Special Called City Council Meeting Agenda

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by City of Glasgow?

Tate Access Floors Inc was awarded this facilities contract by City of Glasgow, as recorded on January 29, 2026. The contract value is Not to exceed $85,000,000 (bond principal amount).

How much is the Tate Access Floors Inc contract with City of Glasgow worth?

The Tate Access Floors Inc contract with City of Glasgow is valued at Not to exceed $85,000,000 (bond principal amount), covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Special Called City Council Meeting Agenda (Agenda), dated January 29, 2026 from City of Glasgow. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Tate Access Floors Inc hold?

Tate Access Floors Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Tate Access Floors Inc's profile

What is City of Glasgow currently buying?

Explore City of Glasgow's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Glasgow's profile

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