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June 2012
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Rupp Arena financing plan remains in limbo

Associated Press

FRANKFORT - A last-minute proposal to insert state-backed bonding into the financing package to renovate Rupp Arena remained in limbo Tuesday as supporters tried to win over reluctant Republican senators on the final day of the Kentucky legislative session.

Senate President Robert Stivers remained noncommittal as the hours ticked toward the end of the 2014 legislative session. GOP senators met to review the financing plan to renovate the home court of the University of Kentucky men's basketball team.

"I cannot in any way guarantee success, nor failure, at this point in time," Stivers told reporters.

Hours later, the Rupp Arena issue had not come up as the legislation session neared its conclusion late Tuesday night.

Democratic Gov. Steve Beshear was leading the push to authorize state-backed bonds to help pay for the renovations.

Beshear said he was pressing the issue in talks with senators.

"The House is ready to move forward on that project, and I'm working with the Senate to see if we can get some movement there," Beshear said.

Republican Sen. Alice Forgy Kerr of Lexington said she made the case for providing the state-backed bonding as Senate Republicans discussed the issue behind closed doors earlier Tuesday. Kerr said she didn't have "a good feel either way" on whether her Republican colleagues would back the proposal.

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