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Covington moves toward creating Transportation Improvement District
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Covington moves toward creating Transportation Improvement District
Covington may become the latest governmental body in Northern Kentucky to create a Transportation Improvement District. On Oct. 14, the Covington City Commission conducted a first reading of an ordinance to establish a Transportation Improvement District within the city’s boundaries. In essence, TIDs are financial tools created to pool funds from multiple sources and allocate them to infrastructure projects. The districts can use these funds for…
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