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CatfaninIndiana
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BG631 ●
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hoptownukfan ●
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hoptownukfan ●
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hoptownukfan said...
For uk to borrow money/bond any major project like a football stadium renovation they have to get approval from the legislature for more "bonding capacity". Williams has not allowed much new bonding at all for any projects in the last 6 years or so. He can do this as the leader of the state senate.
Other schools in the sec have their own bonding capacity and don't need the State's approval.
Kooky Kats 247
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Kooky Kats 247 said...
Ok...completely hypothetical...
Assume the economy turns around, the Mayan apocolypse never materializes and David Williams is donning the black robe....
How long will it take the UK BOT/AD to put forth a plan under the States nose for a major athletics capital improvements?
Further, what do YOU PREDICT the percentage of bonding pie will be exclusively allocated to football improvements?
Mine:
time - 3 years FB % - 44%
New hoops arena will be front burner...you watch.
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usa1000 said...
They are proposing a plan in January at the special session. The basketball arena is in the City's hads. The AD is hoping to get approximately $150 million in bonding capacity with roughly $100 million going to football. I think $85 million towards CWS upgrades including, but not limited, more suites, new press box, club level seating, chairbacks, recruiting room, new fascade on the Alumni Drive side, etc. Plus $5 million for Nutter Training Center improvements. They also want a new baseball stadium and other small sport improvement. I think the AD would like to have the football project fully completed by the 2015 season with construction starting in 2013. We will see what happens in Frankfort.
Kooky Kats 247
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DACats86 said...
Yep, can see this going down the same road. Might start to hear the Big O and Jones start talking about the structural instability of Commonwealth Stadium again. Idiots...
Funny thing about that IMG deal - there's a guy who's posted in this thread that would spout off "done deal" anytime anyone questioned that whole debacle when it was "in progress." I have as much faith in this next big "bonding plan"... Barnhart is a joke, and just keeps playing us like puppets.
hoptownukfan ●
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Possible political roadblock towards bonding gone?