CENTRAL KENTUCKY BUSINESS PARK AUTHORITY PRIVATE FINANCING FOR REAL ESTATE ACQUISITION

The Central Kentucky Business Park Authority is seeking a private lender to provide a $9 million loan (approximately 50 % of the purchase price) to acquire a 722‑acre parcel for a new regional business park in northern Madison County, Kentucky. The loan is to be closed by December 31 2026, with full principal due in October 2027 and interest payable monthly. The Authority will receive a $20 million state grant in two installments that will fund the down‑payment and later repayment. Proposals must detail interest rates (fixed preferred), fee structures, collateral (first‑mortgage on the property and assignment of the second grant installment), and any pre‑payment terms. The Authority will evaluate proposals based on financing cost, structure, experience, and timeline. • Loan amount: $9 M (≈ 50 % of $18.95 M purchase price) • Desired closing: Nov 2026 – Dec 31 2026; maturity Oct 2027 • Fixed‑rate preferred; variable acceptable • Collateral: first‑mortgage on 722 acres + assignment of state grant installment • No pre‑payment penalty; repayment expected from second $10 M grant installment (Q3 2027) • Submission deadline: 14 Oct 2026 (email) • Evaluation criteria: interest rate & cost (35 %), financing structure (35 %), experience (15 %), timeline/value (15 %) • Required Kentucky lender certification and disclosure compliance.