BOWLING GREEN, Ky. – The City of Glasgow is progressing in more ways than one and a private developer that’s been developing properties for seniors in Bardstown is getting in on the action.

Little T LLC purchased land in Glasgow almost two years ago, and now they can use up to $16 million in revenue bonds.

Mayor Henry Royse tells us, “There’s no city money. It’s not taxpayer money. It’s just the city, being the conduit where these people sell bonds to build their project. So we’re not out any money. We are, since we are a city, we can issue those industrial revenue bonds.”

Back in March, the state legislature made it legal to use industrial revenue bonds can be used for residential housing as long as you follow certain guidelines and build at least 48 units, but they plan on building 12

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