Facts on downtown plan

June 3, 2014 

Myth: The $351 million cost will go to renovating Rupp Arena.

Fact: The cost for work on the arena is $175 million. Other costs in the spending plan include:

■ $102 million for convention center construction.

■ $18 million to pay off debt from the last update of the facility.

■ $30 million to pay debt service during construction and to establish a reserve fund.

■ $26 million for design and landscape costs and the cost of issuing bonds to finance the project.

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