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Update on Angliana Project

By Knox van Nagell | July 30th, 2010 | See all in Fayette Alliance Blog

“State approves financing for Angliana project”

By Scott Sloan, posted July 29, 2010
Excerpt from Kentucky.com

The state on Thursday gave approval for final negotiations to start on making infrastructure improvements at a proposed development on Angliana Avenue in Lexington.

The Kentucky Economic Development Finance Authority in Frankfort gave the nod to allow the state to work with city government employees to finalize what’s called tax-increment financing.

The idea behind TIF projects is for governments to invest in improving infrastructure and then pay for those improvements using new tax revenue, which developments are expected to generate when the projects are completed and areas are revitalized…Read more at Kentucky.com

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The Fayette Alliance is your voice at city-hall advocating for sustainable growth in Lexington…to achieve a world-class city in our world-class Bluegrass landscape.

Since 2006, the Alliance has worked with local government to usher over 50 major land-use policies into law that promote farmland preservation and our signature agricultural industries, responsible development, and improved water quality and infrastructure in Fayette County.

We are charting Lexington's future by positively impacting local zoning and policy decisions—the very building blocks of our community. Although many challenges still remain, we are accomplishing sustainable growth in Fayette County for a better quality of life, economy, and environment for all of us.

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