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Madisonville Reveals Plans to Construct New Plaza for Local Citizens 

HOPKINS COUNTY, Ky.  (01/29/2015) – The City of Madisonville and First United Bank and Trust Company today unveiled plans of a partnership to construct First United Bank Plaza at 37 East Center Street, the site of the former municipal building.

“With this partnership we are taking a major step forward in the continued revitalization of our downtown”, stated Mayor David Jackson.

“Working with the City of Madisonville to create such a beautiful, useful area in our downtown is truly exciting”, states Karen Glenn, First United Bank President and CEO. “We’ve been discussing such an investment for some time. Our goal in this effort is to draw people to the area, support local business and in the end create a better quality of life for us all.”

First United Bank Plaza will be a publicly accessible green-space offering accommodations such as a performance stage, restroom facilities, spectator area, picnic tables, public art and floral displays.

Kenwyn Riddle, First United Bank Director, has been a champion of this partnership from the beginning. “I wanted our bank to help bring something to the community that has lasting value, a space that everyone can enjoy. This new downtown plaza does just that. I can’t wait to see art exhibits and yoga classes taking place on the lawn.”

First United Bank and Trust Company has agreed to contribute and match funds expended by the City of Madisonville associated with the development of the park up to a total of $100,000. Preparations are underway to begin the bidding process and a groundbreaking ceremony has been tentatively scheduled for March 2nd, 2015. Site preparations are being completed and made possible utilizing $125,000 in coal severance funds allocated by the Hopkins County Fiscal Court.

“We are greatly appreciative for the County’s investment and assistance with this project.” stated Mayor Jackson.

“Strengthening the community’s quality of life is an important element of economic development”, noted Mayor Jackson. “The City is very grateful to First United Bank for their vision and support of our efforts to keep Madisonville The Best Town on Earth!”

Information provided by the City of Madisonville
Posted by J.L. Graham
KenCo News