01.26.06

House Bill 223

Posted in Legislation at 8:31 pm by Administrator

HB 223 (BR 1107) – S. Westrom, B. Farmer

AN ACT making an appropriation to the Kentucky Horse Park Commission and declaring an emergency.
Be it enacted by the General Assembly of the Commonwealth of Kentucky:

Section 1. (1) There is appropriated to the Kentucky Horse Park Commission in fiscal year 2005-2006 $35,000,000 in Bond Funds to construct a new indoor equestrian arena and $4,600,000 in Bond Funds to resurface, widen, and reseal the existing roads and parking facilities and construct a new service road and a new campground access road.
(2) There is appropriated to the Kentucky Horse Park Commission in fiscal year 2005-2006 $1,629,500 from the General Fund for debt service on bonds issued for the indoor arena project described above and $216,000 from the General Fund for debt service on bonds issued for the road renovation and construction project described above.
Section 2. Whereas time is of the essence in facilitating expeditious development of these programs and projects and the administrative mechanisms related thereto during the current fiscal year, an emergency is declared to exist, and this Act shall become effective upon its passage and approval by the Governor.

Jan 4-introduced in House
Jan 5-to Appropriations and Revenue (H)