city_of_bellevue_regular_city_council_meeting_agen.pdf
Bellevue Approves PILOT Agreement for Harbor Greene Project
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Description
The City of Bellevue approved an Agreement in Lieu of Taxes with Neyer Properties, Inc. for the Harbor Greene mixed-use development project. This agreement outlines PILOT (Payment In Lieu Of Taxes) terms tied to issuance of industrial building revenue bonds and development construction.
Contract Details
Vendor
NEYER PROPERTIES INC
Agency
City of Bellevue, KY
Contract Type
OTHER
Document Date
December 10, 2025
Contract Term
Up to forty (40) years from date Bonds are issued
Renewal Info
Term is for the duration of the bonds, expiring at the earlier of bond payoff, Project Lease termination, or 40 years from bond issuance.
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