Kentucky Cabinet for Economic Development

The agenda includes reports on the approved/undisbursed report, financial statements and monitoring reports, TIF, EDF projects, local IRB, IEIA project (amendment), KBI project (amendment), KEIA projects (extension and final), KBI/KEIA projects, KBI projects (preliminary and extensions), KBI projects (final), Kentucky Rural Hospital Loan Program, Kentucky Small Business Tax Credits (KSBTC), Kentucky Angel Investment Tax Credits, KEI projects (final), and other business. Specific projects discussed include those from various companies and locations across Kentucky, covering diverse sectors such as manufacturing, recycling, and healthcare.

The Kentucky Economic Development Finance Authority (KEDFA) board meeting covered various topics, including the review and approval of financial reports, tax increment financing projects, economic development fund projects, local industrial revenue bond projects, Kentucky Business Investment projects, Kentucky Enterprise Initiative Act projects, Kentucky Rural Hospital Loan Program projects, Kentucky Small Business Tax Credits, Kentucky Angel Investment Act projects, and Kentucky Entertainment Incentive projects. Specific projects discussed involved companies such as Wieland North America Recycling, LLC, Graves County Economic Development, Inter-Modal Transportation Authority, and numerous others across various sectors. Amendments and extensions to existing projects were also addressed.

The agenda includes reports on approved/undisbursed funds, financial statements, and various projects under the TIF Project (Amendment), Local IRB, KEIA Projects (Extension and Final), KBI Projects (Preliminary, Extensions, and Final), Kentucky Small Business Tax Credits (KSBTC), Kentucky Angel Investment Tax Credits, and KEI Projects (Final). Discussion topics also encompass a 4th Quarter 2021 KSBCI Funding Report, KSBCI 2.0 Resolution, and Quarterly Amendments. Specific projects mentioned include those from companies such as Pratt Paper, Blueframe Design, Green Bomber Spirits, and others.

The Kentucky Economic Development Finance Authority (KEDFA) board meeting covered various topics, including the review and approval of financial reports. Key agenda items involved the approval of Kentucky Product Development Initiative (KPDI-EDF) projects for Pikeville and Hardinsburg, an Economic Development Fund (EDF) project for Washington Penn Plastic Co., Inc., and a KEDFA grant for the Harrodsburg Mercer County Industrial Development Authority. Amendments to Kentucky Business Investment (KBI) projects for Ferrero U.S.A., Inc. and S. Rays, Inc. were also approved, along with extensions for Kentucky Enterprise Initiative Act (KEIA) projects. A new KEIA project for Calport Distilling LLC was approved, as well as preliminary approvals for several KBI and KEIA projects, including Slow Pass Bourbon Company, LLC, SCS-2, LLC, Pilkington North America, Inc., S & K Industrial LLC, Shinsung ST KY Inc., and Gracious Living KY Inc. KBI project extensions were approved, and final approvals were given for several KBI projects. Finally, Kentucky Entertainment Incentive (KEI) projects for Cabin Productions, LLC and Rage Movie LLC, Kentucky Small Business Tax Credit (KSBTC) projects, Kentucky Selling Farmer Tax Credit (KSFTC) projects, and Kentucky Angel Investment Act projects were all addressed and approved.

The Kentucky Economic Development Finance Authority (KEDFA) board meeting covered various topics, including a KEDFA grant amendment for road infrastructure improvements in Knox County, KEIA project extensions, and KEIA project approvals for Lakeshore Learning Materials and iVCP Athens South LLC. The meeting also included discussions and approvals for KBI projects (preliminary, extension, and final), including projects from Heaven Hill Distilleries, AGI Polymatrix LLC, AP Electric, Inc., Fort Dearborn Company, Lamiflex Inc., Neogen Corporation, 29th Street Property Management, LLC, Houston-Johnson, Inc., and SteelBlue Building Components LLC. KBI project extensions were also approved. Finally, the meeting addressed Kentucky Entertainment Incentive (KEI) projects, Kentucky Small Business Tax Credit (KSBTC) projects, and a Kentucky Selling Farmer Tax Credit (KSFTC) project. A closed session was held to discuss real property acquisition or sale.