MILWAUKEE (AP) - Gov. Scott Walker says he hopes to have a financing deal to pay for a new Milwaukee Bucks arena in the "not too distant future."
Walker commented Thursday before his first face-to-face meeting with officials from the NBA team and others who have been working to reach a deal.
Walker says his only criteria are ensuring that taxes don't increase and that there is a net benefit to taxpayers in the state. He says the Legislature has been clear in wanting the city and county to offer more money as well.
The Republican governor first proposed a $220 million bonding plan in late January to help fund the proposed $500 million arena. Other ideas would lower the state's contribution to around $150 million, with more money coming from local governments.
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