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Newport approves property conveyance, MOU for Fourth Street Bridge construction
Summary
The city approved conveyance of real estate parcels and a memorandum of understanding with the Kentucky Transportation Cabinet to allow construction of the Fourth Street Bridge; negotiation secured barge delivery to avoid Riverboat Row and includes $811,000 in compensation and $26,000 toward moving a rowing club dock.
The Board of Commissioners approved a deed conveyance and a memorandum of understanding with the Kentucky Transportation Cabinet (KYTC) to facilitate construction of the Fourth Street Bridge.
Commissioner Order Number 66 authorized a conveyance related to KYTC’s purchase of various city parcels needed for the Fourth Street Bridge replacement. Order Number 67 accepted and authorized a memorandum of understanding and addendum between the city and KYTC outlining negotiated terms of access, easements and restoration.
City staff described a long negotiation among the city,…
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