FINANCIAL_SERVICESPENDING

City Plans $85M Bond Financing for Tate Access Floors

Glasgow City Council is considering authorization of up to $85 million in taxable industrial building revenue bonds to finance an industrial facility to be leased to Tate Access Floors, Inc. The resolution includes approval of a lease and payment in lieu of taxes agreement, contingent on final state incentive approval.

Status
PENDING
Document date
January 26, 2026
Contract type
FINANCIAL_SERVICES
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)
Contract type
FINANCIAL_SERVICES
Renewal
Single-issue industrial revenue bond financing; renewal terms for the lease or PILOT agreements are not specified in the agenda text.
Document type
Agenda
Source document
Glasgow City Council Agenda January 26, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Glasgow?

Tate Access Floors Inc was awarded this financial services contract by City of Glasgow, as recorded on January 26, 2026. The contract value is Not to exceed $85,000,000 (bond principal).

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), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Glasgow City Council Agenda January 26, 2026 (Agenda), dated January 26, 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.

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