Records from the Jefferson County Clerk’s office show the Louisville Arena Authority owes the city over $55,000 in delinquent property taxes for year 2010.
Established by the Metro Council in 2006, the quasi-government agency was created to oversee constructing of the $238 million KFC Yum Center, which opened six months ago in the bosom of downtown Louisville.
The authority now supervises the arena’s day-to-day operations and features a who’s who list of local business leaders on its board of directors. According to local tax records, however, the authority currently owes $55,319 if paid by the end of May. If not, another interest penalty will be added and increase the delinquent tax to $55,919.
From LEO Weekly: