Oak Grove reviews Churchill industrial revenue bond terms
City of Oak GroveCity · Oak Grove, KY- Document date
- Mar 3, 2022
The 30-second brief
The City of Oak Grove council discussed terms for industrial revenue bonds involving Churchill, including a 30-year bond term, PILOT payment arrangements with the school district, and removal of a revolving credit line from the contract. The agreement language will be sent to the state for approval, and higher legal fees were considered due to the complexity of the deal.
CHURCHILL holds this financial services contract with City of Oak Grove. Its other public contracts on record include work for City of Daytona Beach and City of Hialeah.
Term as filed: 30-year industrial revenue bond term, with Churchill’s proposed 40-year contract option declined.
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Contract details
- Contract type
- Financial Services
- Document date
- March 3, 2022
- Term
- 30-year industrial revenue bond term, with Churchill’s proposed 40-year contract option declined
- Vendor
- CHURCHILL
- Agency
- City of Oak Grove
- Source document
- city-of-oak-grove-meeting-minutes-2022-03-03_aca.pdf (Meeting Minutes)
CHURCHILL's other public contracts
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Questions about this contract
Who was awarded the financial services contract by City of Oak Grove?
CHURCHILL was awarded this financial services contract by City of Oak Grove, as recorded on March 3, 2022.
What type of contract is this?
This is a Financial Services contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in city-of-oak-grove-meeting-minutes-2022-03-03_aca.pdf (Meeting Minutes), dated March 3, 2022 from City of Oak Grove. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does CHURCHILL hold?
CHURCHILL may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
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