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101 E Main St,
Georgetown, KY 40324
101 E Main St, Georgetown, KY 40324
(502) 863-7850
(502) 863-7850
CALL US NOW
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Georgetown, KY 40324
(502) 863-7850
Facebook
Youtube
Contact Us
101 E Main St,
Georgetown, KY 40324
(502) 863-7850
CALL US NOW
Facebook
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Search
Home
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O RDIN AN CE NO . 96-0 10 A N ORDIN AN CE OF TH E CO UNTY OF SC O TT, KEN TU CKY, AU TH O RIZ IN G AM EN DM EN TS TO CER TA IN DO CU M EN TS RELA T E D TO TH E CO UNTY 'S OUTS TA N DIN G IN DUSTR IA L B U IL D IN G REVEN UE PO ND, SER IE S 1995 (L O UIS VIL LE FO RG E AN D GEAR WORKS, IN C. PR O JE C T), AN D APPR O VIN G TH E ASSIG NM EN T OF SU CH BO ND TO KE YBAN K NAT IO NAL ASSO CIA T. IN , AS AG EN T FO R IT S ELF AN D OTH ER S W HER EAS, th e County of Sco tt, Kentu ck y (th e "Is su er" ), by Ord in ance No. 95- 005 a dopte d by it s Fis ca l Court on Dece m ber 22, 199 5, purs u ant to th e pro vis io n s of Sectio n s 1 03.2 00 to 103.2 85, in clu siv e , of th e Kentu cky Revis e d Sta tu te s, as am ended , au th oriz e d and s u bse quently is su ed it s In dustr ia l Build in g Reve n ue Bond, Serie s 1995 (L ouis ville Forg e and G ear W ork s, In c. Pro je ct) , in a prin cip al am ount up to $22,0 0 0,0 00 (th e "B ond") fo r th e purp ose o f f in ancin g ce rta in in dustr ia l build in g pro pertie s co n sis tin g of an exis tin g 655,0 0 0 sq uare -fo ot b uild in g, ancilla ry build in gs and str u ctu re s, im pro ve m ents and appu rte na nce s (in clu din g am ong o th er t h in gs majo r new build in g addit io ns, re nova tio n s and im pro ve m en ts and in sta ll a tio n of sit e i m pro ve m ents , fix tu re s, syste m s and majo r mach in ery and equip m ent) , all on an aggre g ate sit e o f a ppro xim ate ly 11 2 acre s in th e Trip ort In dustr ia l Park Subdiv is io n (b e in g th e fo rm er Cla rk E quip m ent Com pany pro perty ) in th e County (c o lle ctiv e ly th e "P ro je ct" ) fo r use by Louis vill e F org e a nd Gear Work s, In c. (th e "C om pany"), in th e man ufa ctu re of meta l pro ducts and fo r r e la te d p urp ose s and activ it ie s; and W HER EAS, th e Com pany has in fo rm ed th e Is su er th at KeyB ank Natio n al Asso cia tio n , a s a gent fo r it s e lf and oth ers (c o lle ctiv e ly th e "S an k*) desir e s to purc h ase th e Bond fr o m th e p re se nt h old er, Natio nal Cit y Bank of Kentu cky 'f o rm erly Natio nal Cit y Ban k, Ken tu cky) (th e " P re se nt Hold er" ), and th e Pre se nt Hold er desir e s to assig n th e Bond o th e Bank, and ch at in c o nnectio n wit h su ch tr a nsa ctio n th e Bank and th e Com pany desir e to am end th e pro vis io ns of c e rta in d ocu m en:s re la .in g to th e se cu rit y and ad m in is tr a tio n of th e Bon d, in clu din g th e a m endm ent of ce rta in pro vis io ns cf th e Bond it s e lf , and th e Com pany has fu rth er re q ueste d th at t h e i s su er auth oriz e and appro ve su ch am endm ents and appro ve th e assig n m en t of th e Bon d to t h e B ank; and W HER EAS, dra fts of th e am endato ry do cu m ents have be en su bm it te d to th e Fis ca l C ourt a nd th e County Atto rn ey and have been du ly co nsid ere d by th e Is su er to th e exte nt it d eem s n ece ssa ry in ord er to ta ke th e fo llo w in g actio ns; N O W , TH ER EFO RE, TH E CO UNTY OF SC O TT, KEN TU C KY, AC TIN G BY AN D T H RO UG H IT S FIS C AL CO URT. DO ES HER EBY ORDAIN AS FO LL O W S:
