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Industrial revenue bonds approved for Nexigen expansion

City of Newport
Disclosed value
$5,000,000
From agenda
Document date
May 19, 2025

The 30-second brief

What it covers

The Board of Commissioners adopted Order R-2025-04 to issue industrial revenue bonds for Nexigen Communications' expansion in Newport. The aggregate principal amount not to exceed $5,000,000

Who holds it

Nexigen Communications holds this bond issuance contract with City of Newport. Its other public contracts on record include work for Housing Authority of Newport and Campbell County.

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Contract details

Contract type
Bond Issuance
Amount
$5,000,000
Document date
May 19, 2025
Term
NA
Vendor
Nexigen Communications
Agency
City of Newport
Source document
city-of-newport-agenda-2025-05-19_9ae.pdf (Agenda)

Nexigen Communications's other public contracts

Housing Authority of Newport, KentuckyNexigen Communications office project in Newport approved · Feb 24, 2025UndisclosedCity of Newport, KentuckyNexigen Communications gets nod for economic development project · Feb 24, 2025UndisclosedCity of Newport, Kentuckycity-of-newport-agenda-2025-02-24_83c.pdf · Feb 24, 2025UndisclosedHousing Authority of Newport, KentuckyNexigen Communication economic development project gets approval · Feb 24, 2025UndisclosedCampbell County, Kentuckycampbell-county-agenda-2024-12-18_a59.pdf · Dec 18, 2024UndisclosedAll Nexigen Communications contractsVendor profile

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Questions about this contract

Who was awarded the bond issuance contract by City of Newport?

Nexigen Communications was awarded this bond issuance contract by City of Newport, as recorded on May 19, 2025. The contract value is $5,000,000.

How much is the Nexigen Communications contract with City of Newport worth?

The Nexigen Communications contract with City of Newport is valued at $5,000,000, covering bond issuance work.

What type of contract is this?

This is a Bond Issuance contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-newport-agenda-2025-05-19_9ae.pdf (Agenda), dated May 19, 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 Nexigen Communications hold?

Nexigen Communications 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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