10:16am

Wed September 28, 2011
Business and the Economy

Lawmaker Opposes Proposed Sports Complex Loan

State Rep. Ben Waide won’t provide legislative sponsorship to allocate coal severance tax funds to pay off a proposed $3 million loan for the Hopkins County Sports Complex. The decision likely will delay development of the complex, which Fiscal Court hoped to open for use in 2013. “It was tough because I think the project would be a very nice addition to our community,” Waide said, “but in the end I had to look at the economic impact and make a decision.” The freshman lawmaker casts doubt on estimates that peg the project’s annual economic impact at $1.5 million and discounts its potential to create jobs.