About

Project

Asset Preservation

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Project

2022 Series B and Taxable Series C General Receipts Bonds

$90,675,000 PAR AMOUNT

The University's Asset Preservation initiative is a multi-phase effort to preserve existing campus buildings and enabling infrastructure, so they continue to serve their intended functions well into the future. The project is funded by a combination of University bonds and Commonwealth of Kentucky bonds. The University of Kentucky is required to match 30 cents on the dollar to receive funding from the State. This project will include, but is not limited to, asset preservation efforts on the Multi-Disciplinary Science Building, White Hall Classroom Building, Pence Hall, Miller Hall, Patteson Office Tower, Peterson Service Building and campus utility infrastructure and building system projects.

  • $100.2M total project cost
    • $23.1M - funded by a portion of the University of Kentucky's 2022 Series B and Taxable Series C General Receipts Bonds
    • $77.1M to be funded by the Commonwealth of Kentucky through a future bond issue