Newport World Peace Hospitality TIF Project Amended
Kentucky Economic Development Finance Authority | Commonwealth of KentuckyState · Frankfort, KY- Disclosed value
- Not to exceed $4,000,000
- From minutes
- Document date
- Jun 25, 2026
- Term
- 20 years
- Renews
- Free account
The 30-second brief
KEDFA unanimously amended the City of Newport’s World Peace Hospitality TIF project. The amended development will include hotels, retail, office space, and parking, while retaining an incentive of up to $4 million.
City of Newport holds this contract with Kentucky Economic Development Finance Authority | Commonwealth of Kentucky. Its other public contracts on record include work for Newport School District and City of Newport.
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Contract details
- Amount
- Not to exceed $4,000,000
- Document date
- June 25, 2026
- Term
- 20 years
- Renews
- Free account
- Vendor
- City of Newport
- Source document
- Kentucky Economic Development Finance Authority Minutes Board Meeting 2026-06-25 (Minutes)
City of Newport's other public contracts
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Questions about this contract
Who was awarded the government contract by Kentucky Economic Development Finance Authority | Commonwealth of Kentucky?
City of Newport was awarded this government contract by Kentucky Economic Development Finance Authority | Commonwealth of Kentucky, as recorded on June 25, 2026. The contract value is Not to exceed $4,000,000.
How much is the City of Newport contract with Kentucky Economic Development Finance Authority | Commonwealth of Kentucky worth?
The City of Newport contract with Kentucky Economic Development Finance Authority | Commonwealth of Kentucky is valued at Not to exceed $4,000,000.
What type of contract is this?
This is a government contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Kentucky Economic Development Finance Authority Minutes Board Meeting 2026-06-25 (Minutes), dated June 25, 2026 from Kentucky Economic Development Finance Authority | Commonwealth of Kentucky. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does City of Newport hold?
City of Newport 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 Kentucky Economic Development Finance Authority | Commonwealth of Kentucky currently buying?
Explore Kentucky Economic Development Finance Authority | Commonwealth of Kentucky's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.