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Fiscal Court approves EPAD financing agreement with Eastern Light Distilling and Avrio CleanFund
Summary
Fleming County unanimously approved an EPAD Program Financing Agreement with Eastern Light Distilling LLC and Avrio CleanFund Management LLC to allow financing of energy projects under the new EPAD program.
Magistrate Richie Kielman moved and Magistrate Ray H. Money seconded a motion to approve the EPAD Program Financing Agreement with Eastern Light Distilling LLC and Avrio CleanFund Management LLC; the court approved the financing agreement unanimously.
The minutes record the names of the financing parties but do not provide loan amounts, security terms, or schedules. The approval authorizes use of assessment-backed financing mechanisms by the named private parties within the EPAD framework adopted by Ordinance 26-1457.
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