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City of Newport Awards Revenue Bonds Contract to 400 Monmouth (September 2025)

City of Newport
Disclosed value
$40M
From agenda
Approved
Sep 29, 2025
Term
30-year PILOT agreement

The 30-second brief

What it covers

Newport approves $40M revenue bond agreement with 400 Monmouth LLC for mixed-use project.

Who holds it

400 Monmouth holds this revenue bonds contract with City of Newport.

What happens next

Term as filed: 30-year PILOT agreement.

See who signed off on this $40M contract.

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Contract details

Contract type
Revenue Bonds
Amount
$40M
Document date
September 29, 2025
Term
30-year PILOT agreement
Vendor
400 Monmouth
Agency
City of Newport
Source document
city-of-newport-board-of-commissioners-special-meeting-agenda-september-29-2025_3cd.pdf (Agenda)

400 Monmouth's other public contracts

City of Newport, KentuckyNewport Set to Authorize Agreement for Property Use · Sep 29, 2025UndisclosedAll 400 Monmouth contractsVendor profile

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Questions about this contract

Who was awarded the revenue bonds contract by City of Newport?

400 Monmouth was awarded this revenue bonds contract by City of Newport, as recorded on September 29, 2025. The contract value is $40M.

How much is the 400 Monmouth contract with City of Newport worth?

The 400 Monmouth contract with City of Newport is valued at $40M, covering revenue bonds work.

What type of contract is this?

This is a Revenue Bonds contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-newport-board-of-commissioners-special-meeting-agenda-september-29-2025_3cd.pdf (Agenda), dated September 29, 2025 from City of Newport. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does 400 Monmouth hold?

400 Monmouth may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Newport currently buying?

Explore City of Newport's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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