Welcome

Thank you for visiting paducahsun.com, the online home of The Paducah Sun.

Calendar
June 2012
S M T W T F S
27 28 29 30 31 01 02

Click here to submit an event.

State budget talks off to rocky start

By RAE HODGE Associated Press

FRANKFORT - Kentucky budget talks got off to a rancorous start Saturday as House and Senate leaders deliberated the potential renovation of Lexington's Rupp Arena.

Senate President Robert Stivers, R-Manchester, called upon House Speaker Greg Stumbo, D-Prestonsburg, to allow Lexington Mayor Jim Gray testify before the General Assembly's budget conference committee on whether or not the state should throw its support behind the renovation of Rupp Arena. The aging arena is host to NCAA tournament games, basketball games and conventions.

Gray was allowed to testify and was peppered with questions about how the city of Lexington intended to pay for the project, estimated at $310 million.

While there is currently no signed agreement with the University of Kentucky on the use of Rupp Arena, Gray said the university has verbally committed to a 30-year lease. He added that money for the Rupp project will be included in Lexington's budget, which will be released on April 8.

"This is an extraordinarily strong, solid, conservative plan," said Gray "The city is willing to back this project entirely." However, Rupp Arena renovations would require the state to approve and back $65 million in bonds.

House Minority Floor Leader Jeff Hoover, R-Jamestown, expressed concern over the possibility of getting the state involved before Lexington's city budget has been approved.

"As of today, as we sit here, the city of Lexington has no budget which appropriates money for this project," said Hoover.

When asked what other funding sources Lexington would use to support the project, Gray said that the project had as many as 18 funding sources including the university and the city of Lexington.

Gray assured committee members that, despite a tentative city budget, financial support would be available and risk to the state would be minimized.

"We will guarantee that the state will not be asked for any more," said Gray.

The state's Budget Conference Committee is expected by members of both chambers to continue through the weekend.

Comments made about this article - 0 Total

Comment on this article

Your comment has been submitted for approval
captcha 22fe0a88f343491ab8a5e625ac1f0ef1
Top Classifieds
  • HAVANESE PUPS AKC Home Raised, Best H ... Details
  • Poodle or Cocker Pups - (270)476-258 ... Details
  • Bedroom Suites New in Boxes. 6pc. che ... Details
  • Bowflex Tread Climber TC10Purchased D ... Details
  • PILLOW TOPmattress sets NEW in pl ... Details
  • Downsizing Due To HealthAntique furni ... Details
  • 1 acre corner lot Kevil $12000 270488 ... Details
  • SEEING is believing! Don't b ... Details
  • 2008 bennington 20ft. with 50HP Yamah ... Details
  • 2009 H-D XL883L. Windshields, Aux. Li ... Details
  • 2004 40Ft. Holiday rambler HRindever ... Details

Most Popular
  1. Workshop helps blind students learn independent living skills
  2. Trigg roars past Rebels
  3. Tornado tops Vikes behind Crim effort
  1. Stove on I-24 causes four vehicles to crash
  2. Company bringing 150 jobs to Marshall County
  3. WHIFF Beshear shot at Bevin falls short of the mark
  1. Workshop helps blind students learn independent living skills
  2. Trigg roars past Rebels
  3. Tornado tops Vikes behind Crim effort
Discussion

Check out these recently discussed stories and voice your opinion...