LOUISVILLE, Ky. -- The vote on a measure that would put $30 million in city money towards a new soccer stadium hits a roadblock.
Mayor Fischer says the vote scheduled for Thursday in the Metro Council will now be October 26 to give council members more time to review the funding plan. That plan calls for a $30 million bond issue to buy three tracts of land in Butchertown where Louisville City FC would then build a new 10,000 seat stadium with their own money. The city would then be paid back by the team and a new TIF district.
The bond was pushed through a committee vote last week and has come under fire from some Republicans on the council who say the process is moving too fast.
Louisville City FC officials say they are fine with the delay and believe the measure will pass after the council takes time to review it.