KY Transpark Struggling in Weak Economy
Save Email Print
Updated: 6:21 PM Mar 1, 2010
KY Transpark Struggling in Weak Economy
Bowling Green's Inter-modal Transportation Authority is running short of money and officials say it may need to rely on public funds to pay it's debt obligations later in the year.
Posted: 5:20 AM Mar 1, 2010
width:200 and height: 120 and picwidth: 200 and pciheight: 120
Font Size:

Bowling Green's Inter-modal Transportation Authority is running short of money and officials say it may need to rely on public funds to pay it's debt obligations later in the year.

The authority owes a principal payment of $1.2 million on the bonds used to create the Kentucky Trimodal Transpark.

Officials say if the debt associated with the $27.4 million general-obligation bond isn't renegotiated, Warren County and Bowling Green may have to supply the funds to keep the park afloat.



Poll Question
Do you think all of the companies involved with the oil rig that exploded in the Gulf of Mexico should share responsibility?

Yes
No