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Article: KENTUCKY HORSE PARK HOTEL BACK ON TRACK

Article from:
US Fed News Service, Including US State News
Article date:
January 31, 2008
Copyright

Gov. Ernie Fletcher, R-Ky., issued the following news release:

The Kentucky Economic Development Finance Authority (KEDFA) today approved an inducement resolution for a conduit bond issue for the construction of a 267-room resort hotel and conference center to be constructed at the Kentucky Horse Park in Lexington. Conduit bonds are not an obligation of the commonwealth or KEDFA, but are the responsibility of the borrower.

"I know that many are excited that the Kentucky Horse Park Hotel is once again moving forward," said Kentucky Governor Steve Beshear. "It's something we've worked hard to obtain during the first seven weeks since taking office because of its positive economic impact on ...

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