Roughly $16.74 million in financing for construction renovation projects at White’s Tower Elementary and Piner Elementary was approved by the Kenton County Board of Education Monday night. The work at Piner is an augmentation to renovations that began about three to four years ago, which missed some key parts of the school, namely the gym, […]
Tag: General obligation bonds
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Covington to vote on debt payment extension for IRS site purchase
UPDATE: The Covington Board of Commissioners unanimously voted to extend the debt for the site at their meeting on Tuesday, Nov. 18, 2025.–LINK nky editorial, Nov. 18, 2025. The Covington Board of Commissioners will vote in November to extend the payment schedule for the debt it incurred in 2020 to buy the land of the […]
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Kenton County School District set to move offices to Covington in January
Kenton County School District will soon be moving their offices from Fort Wright to Covington. LINK spoke with Kenton County School District officials Jessica Dykes, Director of Public Information and Community Engagement, and Matt Rigg, Chief Operations Officer, ahead of the opening to see what’s in store for the community. “We’ll move in at the […]
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Groundbreaking set for new Covington City Hall
The City of Covington has approved $29.2 million in general obligation bonds to finance the construction of a new city hall, which is expected to be completed by May 2026.
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Covington to vote on $29M city hall financing in coming weeks
The Covington City Commission is considering a proposal to issue up to $29.2 million in general obligation bonds to finance the construction of a new city hall. Public readings and a vote on the package will occur in the coming weeks.
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How will Covington pay for its new city hall?
Covington is planning to finance a new city hall with general obligation bonds, which will be backed by the city itself, and is also restructuring its debt to increase cash flow in the face of a deficit caused by work-from-home arrangements.