State budget cuts out funds for Rupp Arena renovation - WDRB 41 Louisville News

State budget cuts out funds for Rupp Arena renovation

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FRANKFORT, Ky. (WDRB) -- State lawmakers failed to produce the 65-million dollars needed to renovate Rupp Arena. 

 

As WKYT- TV reports, Mayor Jim Gray got right to the point yesterday when he told legislators how important he believes state funding is for the Rupp Arena renovation.

"If the General assembly in this session failed to give you a way forward, to keep moving this project along, what would be the results?" Gray said.

Legislators pressed Gray for details on other aspects of the financing plan, including how much the University of Kentucky would be putting toward the project. Gray said those details weren't public yet.

After meeting until the early morning hours today, lawmakers announced the $65M in state bonds Governor Steve Beshear had proposed in January are not included, though there is some money. 

 

Senate President Robert Stivers and House Speaker Greg Stumbo said their agreement does include some funds for further planning.

"They will have a path forward. It'll be a fairly clear path, and if they accomplish what the General assembly would want them to do, then the path will be cleared for them," Stumbo said. 

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