Ad valorem tax rebate for Feed Mill Logistics project
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Description
Hopkinsville is set to approve a ten-year property tax incentive for Feed Mill Logistics, LLC, rebating 50% of increased ad valorem taxes on its 130 Bill Bryan Blvd. facility. The industrial incentive district supports at least $2.64 million in investment and the creation of at least ten new jobs.
Contract Details
Contract Amount
Rebate of 50% of increase in ad valorem taxes on real property for 10 years
Vendor
FEED MILL LOGISTICS LLC
Agency
City of Hopkinsville, KY
Contract Type
FINANCIAL_SERVICES
Document Date
May 3, 2026
Contract Term
Ten (10) years from commencement of rebates; must activate within 18 months and develop within 24 months of execution
Renewal Info
One-time industrial incentive rebate on increased ad valorem taxes for ten years; no stated renewal options.
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