# Lexington-Fayette County Ionwave #RFP-44-2026

Private Financing for Regional Business Park Land Acquisition in Central Kentucky

**Posted:** September 18, 2026
**Respond By:** October 14, 2026
**Identifier:** RFP-44-2026
**NAICS:** 522310, 522292

This opportunity is for private lenders to provide financing for a major land acquisition supporting a regional business park in Central Kentucky.
- Government Buyer:
  - Central Kentucky Business Park Authority (representing Lexington-Fayette Urban County Government, Scott County Fiscal Court, Madison County Fiscal Court, and City of Berea)
- Financing Requested:
  - $9,000,000 loan to acquire 722 acres of real property in northern Madison County, Kentucky
  - Loan represents 50% of the total property cost ($18,952,500)
- Loan Terms & Requirements:
  - Monthly interest payments; full principal due at maturity (October of the following year)
  - Preference for fixed interest rate; variable rate proposals also considered
  - Collateral includes:
    - First real estate mortgage on the acquired property
    - Assignment of a $10,000,000 grant disbursement from the Commonwealth of Kentucky
  - No prepayment penalty
  - All fees and costs must be disclosed in the proposal
  - Lender must be certified in Kentucky
  - Explicit non-guarantee language from local governments required
  - Approval required for any assignment or transfer of the loan
- Unique/Notable Requirements:
  - Loan must be repaid upon grant disbursement
  - Proposals must include detailed financing terms and lender experience
  - No administrative or procedural requirements highlighted
- No OEMs or product vendors are involved; this is a financial services procurement.

### Description

The Central Kentucky Business Park Authority is seeking proposals for private financing to complete the acquisition of approximately 722 acres of real property in northern Madison County, Kentucky, for a future regional business park. The loan request is for $9,000,000, representing 50% of the property cost, with a desired closing date in November 2026 and no later than December 31, 2026. The financing will support the purchase of land currently under contract for $18,952,500. The loan terms include monthly interest payments with full principal due at maturity in October 2027, and the Authority prefers a fixed interest rate but will consider variable rates.

[View original listing](https://lexingtonky.ionwave.net/PublicDetail.aspx?bidID=3771&SourceType=1)