ACTC Recommends East Park Campus Land Sale to NEKRIA | Kentucky Community And Technical College System | NORTHEAST KENTUCKY REGIONAL INDUSTRIAL AUTHORITY (NEKRIA)

ACTC Recommends East Park Campus Land Sale to NEKRIA

Ashland Community & Technical College recommends selling seven surplus parcels totaling 131.2 acres to the Northeast Kentucky Regional Industrial Authority at an appraised value of $20,000 per acre, or approximately $2.624 million. The proposed direct sale requires approval from the KCTCS Board of Regents and has been approved by the Finance and Administration Cabinet Secretary as an alternative to sealed bidding or public auction.

Document date · September 10, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$20,000 per acre (approximately $2,624,000 total for 131.2 acres)

Contract type

OTHER

Document type

StaffReport

Source document

Kentucky Community and Technical College System StaffReport Disposal of Real Property for Ashland Community & Technical College (ACTC) 2026-09-10

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Kentucky Community And Technical College System?

Northeast Kentucky Regional Industrial Authority (nekria) was awarded this government contract by Kentucky Community And Technical College System, as recorded on September 10, 2026. The contract value is $20,000 per acre (approximately $2,624,000 total for 131.2 acres).

How much is the Northeast Kentucky Regional Industrial Authority (nekria) contract with Kentucky Community And Technical College System worth?

The Northeast Kentucky Regional Industrial Authority (nekria) contract with Kentucky Community And Technical College System is valued at $20,000 per acre (approximately $2,624,000 total for 131.2 acres).

What type of contract is this?

This is a government contract, documented as a staffreport record.

Where was this contract approved?

This contract appears in Kentucky Community and Technical College System StaffReport Disposal of Real Property for Ashland Community & Technical College (ACTC) 2026-09-10 (StaffReport), dated September 10, 2026 from Kentucky Community And Technical College System. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Northeast Kentucky Regional Industrial Authority (nekria) hold?

Northeast Kentucky Regional Industrial Authority (nekria) may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Northeast Kentucky Regional Industrial Authority (nekria)'s profile

What is Kentucky Community And Technical College System currently buying?

Explore Kentucky Community And Technical College System's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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