Covington Board of Commissioners unanimously approves order allowing mayor to sign tax-incentive agreement

The Covington Board of Commissioners voted unanimously Tuesday to approve Commissioners’ Order No. ORD-137-2026, authorizing Mayor Ronald L. Washington to execute an amended and restated tax-incentive agreement with the Kentucky Economic Development Finance Authority on behalf of the Commonwealth of Kentucky. The meeting was held at 6:00 p.m. EST in Commission Chambers at City Hall, 20 West Pike Street.

The motion to take legislative action—specifically to enter legislative session so the Board could consider the order—was made by Commissioner Tim Acri and seconded by Commissioner Tim Downing; the board approved that procedural motion by voice vote. Commissioner Acri then moved to approve Commissioners’ Order No. ORD-137-2026; Commissioner Downing seconded. The Board voted yea: Acri, Downing, Smith, Toebbe and Washington. The motion carried unanimously.

The minutes identify the order as authorizing the mayor to execute an "amended and restated tax incentive agreement with the Kentucky Economic Development Finance Authority on behalf of the Commonwealth of Kentucky." The meeting record does not include financial terms, the identity of a private developer, or the specific project the incentive would support; those details were not specified in the transcript and are therefore not reported here.

Acting City Clerk Allyson Schaefer called the roll at the start of the meeting and recorded the presence of Mayor Ronald L. Washington and Commissioners Tim Acri, Tim Downing, Shannon Smith and James Toebbe, establishing a quorum. A roster of city staff in attendance was entered into the record.

Mayor Washington adjourned the meeting at 6:52 p.m. EST. The meeting minutes indicate an approval date of June 23, 2026.