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Paducah approves city role, up to $6 million local match for 100,000 sq ft speculative industrial building
Summary
The Board of Commissioners authorized the city to serve as grantee for a $2 million Kentucky Product Development Initiative (KPDI) grant and to provide local match funding up to $6 million for a 100,000-square-foot speculative building at Industrial Park West.
The Paducah Board of Commissioners authorized a municipal order to accept a KPDI (Kentucky Product Development Initiative) grant and to serve as grantee for a speculative industrial building at Industrial Park West, committing the city to provide local match funding up to $6 million. Economic development staff said the state awarded a $2…
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