The LFUCG Council recently voted to consider $3.2 million in its next general obligation (GO) bond issue for initial public improvements in the District. Such infrastructure is reimbursable to Lexington from the State per the area's recent approval as Kentucky's first Mixed Use Redevelopment of a Blighted Area Tax Increment Financing (TIF) project.
This timely funding will incentivize and support immediate, evolving opportunities for a working bourbon distillery, restaurant, retail, and Bourbon Experience Center at the National Register James E. Pepper Distillery in the District. Specific public improvements and benefits include:
....enhancement of the area around the distillery buildings;
....the design and construction of the adjacent Town Branch Trail;
....celebration of Lexington founder James McConnell's c.1790 stone house as a trailhead;
....Manchester Street design as a pedestrian-friendly boulevard; and
....bus shelters, art and public amenities.
This city funding can also allow completion of design and engineering of the Town Branch Trail, utility burial and the Manchester Street Streetscape. These plans can be used to secure funds to pay for additional construction, often leveraging $4 for every local dollar--with reimbursement of local funds by the State per the recently approved TIF.
By providing your name and e-mail address below, you confirm support for the Lexington Distillery District and LFUCG funding of initial District infrastructure and economic development in its upcoming bond issue.
Lexington Distillery District
Town Branch Trail
Help spread the word about this petition. Copy the code below and paste it into your website or blog to help promote this petition.
LFUCG Council Districts: http://www.lexingtonky.gov/index.aspxpage=325
The views expressed in this petition are solely those of the petition's sponsor and do not in any way reflect the views of iPetitions. iPetitions is solely a provider of technical services to the petition sponsor and cannot be held liable for any damages or injury or other harm arising from this petition. In the event no adequate sponsor is named, iPetitions will consider the individual account holder with which the petition was created as the lawful sponsor.