Woodford County Lease Agreement 2026-05-07
Woodford County Leases Distillery Project to Peristyle LLC
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Description
Woodford County, KY approved a lease agreement with Peristyle, LLC for the Castle & Key Distillery Project, including warehouse premises, as part of an industrial development financing supporting up to $90 million in project bonds. The agreement binds Peristyle, LLC to lease, maintain, and insure the facilities and to make payments sufficient to cover bond debt service through 2066.
Contract Details
Vendor
PERISTYLE LLC
Agency
Woodford County, KY
Contract Type
FACILITIES
Document Date
May 7, 2026
Contract Term
April 1, 2026 – April 1, 2066 (implicit from Series 2026 Bonds maturity date)
Renewal Date
2066-04-01
Renewal Info
Lease term aligned to Series 2026 Bonds with maturity April 1, 2066; Company may exercise purchase or termination options per Article XV; Amendments possible per Section 16.07.
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