$12.05 Million Bond Issue for Downtown and Parks Projects
Frankfort
Summary
A proposed $12.035 million bond would fund downtown and parks master plan projects, including reimbursing the general fund for the Lazy River at the Aquatic Center, paid entirely by the insurance premium tax.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Discussed at 2 meetings in the last 60 days; most recently Sep 28, 2026.
Impact analysis
$12.035 million over 30 years, paid from the insurance premium tax rather than the general fund.
Residents who use downtown amenities, parks, and the aquatic center.
Mentions & discussions (2)
Board of Commissioners (Regular) - Sep 28, 2026
The city is moving toward selling about $12 million in bonds to pay for Downtown Master Plan and Parks Master Plan projects — paid by the existing 1% insurance premium tax, not a new tax. Second reading is still ahead.
Board of Commissioners (Work) - Sep 14, 2026
A proposed $12.035 million bond would fund downtown and parks master plan projects, including reimbursing the general fund for the Lazy River at the Aquatic Center, paid entirely by the insurance premium tax.
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