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.

  • $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 a Commonwealth of Kentucky bond issue