Bardstown council approves $2.5M to secure industrial park land ahead of June 8 closing
June 05, 2026 | Bardstown, Nelson County, Kentucky
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Councilwoman Betty Hart moved Friday that the Bardstown City Council allocate $2,500,000 in additional funds to meet a Monday, June 8, 2026 closing date for the purchase of a new industrial park property and in anticipation of loan documents being finalized later; Councilman Roland E. Williams seconded the motion, which carried 5-0.
The special video teleconference, called to order by Mayor J. Richard Heaton at 10:00 a.m., was held to authorize the funding needed to secure the property before the approaching deadline. Officials said the allocation is intended to ensure the purchase can close on schedule while formal loan paperwork is completed afterward.
The action represents a direct council allocation of cash (or equivalent funding authority) to meet the seller’s deadline; the transcript records the motion and the unanimous 5-0 vote but does not list individual roll-call votes. Councilman Franklin Hibbs IV was absent from the meeting. City staff in attendance included City Attorney Audrey Haydon-Blackmon and City Administrator Aaron Boles (participating by video teleconference).
No further details about the seller, the parcel identification, the total purchase price beyond the $2.5 million allocation, or specific loan terms were provided in the meeting record. The council adjourned at 10:05 a.m. after a motion to do so by Councilman Joe Buckman, seconded by Councilman Bill Sheckles, which passed 5-0.
City officials indicated loan documents remain to be finalized; the transcript does not specify a timeline for loan completion or next council actions related to the purchase.
The special video teleconference, called to order by Mayor J. Richard Heaton at 10:00 a.m., was held to authorize the funding needed to secure the property before the approaching deadline. Officials said the allocation is intended to ensure the purchase can close on schedule while formal loan paperwork is completed afterward.
The action represents a direct council allocation of cash (or equivalent funding authority) to meet the seller’s deadline; the transcript records the motion and the unanimous 5-0 vote but does not list individual roll-call votes. Councilman Franklin Hibbs IV was absent from the meeting. City staff in attendance included City Attorney Audrey Haydon-Blackmon and City Administrator Aaron Boles (participating by video teleconference).
No further details about the seller, the parcel identification, the total purchase price beyond the $2.5 million allocation, or specific loan terms were provided in the meeting record. The council adjourned at 10:05 a.m. after a motion to do so by Councilman Joe Buckman, seconded by Councilman Bill Sheckles, which passed 5-0.
City officials indicated loan documents remain to be finalized; the transcript does not specify a timeline for loan completion or next council actions related to the purchase.
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