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Fleming County approves EPAD financing agreement with Eastern Light Distilling and Avrio CleanFund
Summary
The Fiscal Court unanimously approved an EPAD Program Financing Agreement with Eastern Light Distilling LLC and Avrio CleanFund Management LLC on July 29, 2026, authorizing a financing arrangement tied to the county's new EPAD program.
Fleming County Fiscal Court unanimously approved an EPAD Program Financing Agreement with Eastern Light Distilling LLC and Avrio CleanFund Management LLC during the July 29, 2026 special meeting. Magistrate Richie Kielman moved the approval and Magistrate Ray H. Money seconded; the motion carried without dissent.
The minutes identify the parties to the financing agreement but do not include loan amounts, repayment schedules, security terms, or project details. The financing agreement, as recorded, appears intended to enable private projects to use assessment financing through the EPAD framework adopted by Ordinance 26-1457. Specifics of the financing arrangement will need to be confirmed from the contract documents, which are not appended to the minutes.
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