Development Authority of Fulton County AgendaPacket Regular Meeting 2026-05-19
Final Bond Resolution for Sandtown Village Project
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Description
The Development Authority of Fulton County is considering a final bond resolution for Hutch GP Fund I, LLC to issue approximately $149 million in bonds for the Sandtown Village mixed-use project. The broader $209 million investment will fund housing, commercial space, and greenspace in South Fulton, with a 10-year incentive period tied to significant job creation and tax growth.
Contract Details
Contract Amount
$149,000,000 proposed bond issuance (total capital investment $209,000,000)
Vendor
HUTCH GP FUND I LLC
Agency
Housing Authority of Fulton, KY
Contract Type
FINANCIAL_SERVICES
Document Date
May 19, 2026
Contract Term
10-year incentive period; estimated closing 3rd Quarter 2026
Renewal Info
Single bond issuance underpinning a 10-year incentive period; no renewal or extension options are described.
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