Post by libby on Jan 26, 2016 22:21:30 GMT -6
Bevin proposes $60 million for overhaul of Lexington’s convention center
FRANKFORT -- Gov. Matt Bevin’s proposed state budget includes $60 million in state bonds for a proposed $250 million overhaul of Lexington’s convention center.
The city of Lexington had asked for $75 million to help pay for the overhaul, but Lexington leaders said late Tuesday that they were thankful Bevin included money in his proposed budget.
“We believe Governor Bevin and our legislators recognize the economic necessity of this investment in public infrastructure,” said Bill Owen, CEO and president of the Lexington Center Corp. “The importance of the new convention center as an economic engine for the continued growth and prosperity of the city of Lexington, the Bluegrass region and the state of Kentucky cannot be overstated.”
Owen said designs for the project are still preliminary and that the agency will look for ways to trim $15 million from the overall $250 million budget.
Read more here: www.kentucky.com/news/politics-government/article56718333.html
FRANKFORT -- Gov. Matt Bevin’s proposed state budget includes $60 million in state bonds for a proposed $250 million overhaul of Lexington’s convention center.
The city of Lexington had asked for $75 million to help pay for the overhaul, but Lexington leaders said late Tuesday that they were thankful Bevin included money in his proposed budget.
“We believe Governor Bevin and our legislators recognize the economic necessity of this investment in public infrastructure,” said Bill Owen, CEO and president of the Lexington Center Corp. “The importance of the new convention center as an economic engine for the continued growth and prosperity of the city of Lexington, the Bluegrass region and the state of Kentucky cannot be overstated.”
Owen said designs for the project are still preliminary and that the agency will look for ways to trim $15 million from the overall $250 million budget.
Read more here: www.kentucky.com/news/politics-government/article56718333.html