WKYT | Lexington, Kentucky | News

Rupp Arena financing plan still in limbo


FRANKFORT, Ky. (AP) - A last-minute proposal to provide state-backed bonding to renovate Rupp Arena remains in limbo on the final day of the Kentucky legislative session.

Republican senators are reviewing the financing plan to renovate the home of the University of Kentucky men's basketball team.

Senate President Robert Stivers remained non-committal after Senate Republicans met privately Tuesday to discuss issues that included Rupp Arena.

Republican Sen. Alice Forgy Kerr of Lexington says she made a case for providing state-backed bonding to help pay for the arena's renovation. Kerr says she doesn't have "a good feel either way" on whether her Republican colleagues will back the proposal.

House Speaker Greg Stumbo says House Democrats support the project.

Gov. Steve Beshear says the new financing proposal calls for $80 million in state-backed bonding.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


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