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SPBC

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SPBCSun Parlour Boat Club


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Virtually all such debt, including nearly all SPBC issues, is rated 'AA-' based on the state's well-established mechanisms of lease financing and general credit characteristics.
The bonds are special and limited obligations of the commission and are payable solely from revenues derived under a financing/lease agreement between the SPBC, the commonwealth's finance and administration cabinet, and the Kentucky State Fair Board, the state agency that operates the Fair & Exposition Center and the Kentucky International Convention Center, the latter including Cardinal Stadium.
The bonds are special and limited obligations of the commission and payable solely from revenues derived under separate biennial financing agreements/leases with and among the SPBC, the Finance and Administration Cabinet, AQL/Co, and the state agencies.
 
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