Council told additional KPDI matching funds likely; formal beneficiary resolution to come

City staff told the Georgetown City Council on May 28, 2025, that an application to expand a Kentucky Product Initiative (KPDI) project has advanced and will require local action at the next council meeting. The county would serve as the grantee while the city would be the “beneficiary” of the funds; staff said the council will be asked to affirm $100,000 in local matching funds.

Staff explained the background: late last year the city authorized an additional $100,000 in matching funds for a previous KPDI application. That earlier grant round yielded a $1,500,000 award with matching funds from the city, county and an entity identified in the transcript as Scott United (about $47,000), producing a $3,000,000 project budget. The recent application seeks additional funding for phase 3 and staff said the application appears likely to be successful but still requires KEDFA board approval and the county’s formal action. The county’s grantee resolution is expected at its June 13 meeting; the city would be asked to approve a beneficiary resolution at the council’s next meeting.

Staff said extra funding would allow an expanded scope of work and permit the engineering team to adjust bids and deliverables. No formal vote was taken at the May 28 meeting; staff characterized the presentation as an informational update and reminded council members that the request for a beneficiary resolution will appear on a future agenda. Staff referred technical or scope questions to Jack Connor, the project field expert.

Council members and staff signaled that the additional funding would enable the project team to increase scope, pause a tight bid schedule and refine engineering work. Staff emphasized the process steps remaining: county grantee approval, KEDFA board approval and then a beneficiary resolution before the city council.