Glasgow City Council Special Called Meeting Minutes January 2026
Council Approves $85M Bond Issue for Tate Access Floors Project
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Description
The Glasgow City Council approved issuing up to $85 million in taxable industrial building revenue bonds to finance, construct, and lease an industrial building for Tate Access Floors, Inc., pending state incentive approval. The resolution also authorizes a lease agreement and a payment in lieu of taxes agreement with the firm.
Contract Details
Contract Amount
Not to exceed $85,000,000 (aggregate principal)
Vendor
TATE ACCESS FLOORS INC
Agency
City of Glasgow, KY
Contract Type
OTHER
Document Date
January 29, 2026
Renewal Info
Includes lease agreement, payment in lieu of taxes agreement; further approvals contingent on incentive package.
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