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Asset Preservation
View all2022 Series B and Taxable Series C General Receipts Bonds
$90,675,000 PAR AMOUNT
2024 Series B and Taxable Series C General Receipts Bonds
$186,250,000 PAR AMOUNT
2026 Series B and Taxable Series C General Receipts Bonds
$135,980,000 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 for the 2022 and 2024 bonds and 25 cents on the dollar for the 2026 bonds.
- $354.7M total project cost
- $77.1M - funded by a portion of the University of Kentucky’s 2022 Series B and Taxable Series C General Receipts Bonds, the University of Kentucky’s 2024 Series B and Taxable Series C General Receipts Bonds and the University of Kentucky’s 2026 Series B and Taxable Series C
- $277.6M - funded by a Commonwealth of Kentucky bond issues
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