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Hopkinsville approves a series of development incentives and a rental rehabilitation program amendment
Summary
Council approved multiple municipal orders granting tax and occupational‑license fee rebates to developers (Camel Caravan LLC, Genuine Fertilizer Solutions LLC, Feed Mill Logistics LLC) and amended the Legacy Hopkinsville rental rehabilitation incentive program; the orders set investment estimates, job targets and activation conditions.
The council approved several municipal orders aimed at promoting downtown and industrial development.
Municipal Order 19‑2026 establishes a downtown development incentive district at 1016 South Main Street allowing Camel/Camo Caravan LLC to retain 50% of occupational license fee revenue from new employees for five years; the developer estimated an investment of $55,000.
Municipal Order 20‑2026 creates an industrial incentive for Genuine Fertilizer Solutions LLC at 130 Bill Brian/Brunard Boulevard authorizing retention of up to 50% of occupational license fees for 10 years; the company estimated about $2.9 million in investment and up to 10 new jobs.
Municipal Order 21‑2026 establishes an industrial incentive district for Feed Mill Logistics LLC at 130 Bill Brian Boulevard allowing a rebate of 50% of any increase in ad valorem tax revenue for 10 years; the company estimated at least $2.64 million in investment and at least 10 new jobs.
Municipal Order 22‑2026 amends the Legacy Hopkinsville rental rehabilitation incentives program policy and directs funding from the inner city RES program budget. Each order includes conditions for activation (developer notification, development timelines, compliance with laws) and exclusions for transferred employees.
Council approved the measures (motions made and passed); activation of rebates requires written notification from developers and compliance with the orders’ terms.
