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Generally, all of thesecurities in our trust funds have paid their current distributions andhave indicated their intention to continue to do so.We have completed substantial evaluations of our invested assets and havedetermined that those assets that are other-than-temporarily impaired, andrecorded as a reduction in deferred revenues on the balance sheet, do notrepresent a significant portion of our asset base.Maturation of DebtOur Series A Notes ($80 million in principal) mature and become due onSeptember 20, 2009.On April 30, 2009, we closed our refinancing, the principal of which wasused to repay our Series A Notes, which were due to mature on September20, 2009.
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The Arkansas RiverBlades, a defunct ice hockey team of the ECHL, and the Arkansas RimRockers, a defunct minor league basketball team of the NBA Development League, also played at the Alltel Arena.
$20 million of the sales tax proceeds went toward the Convention Center expansion, with the remainder used to build the arena.That money, combined with a $20 million contribution from the State of Arkansas, $17 million from private sources and $7 million from Little Rock-based Alltel Corporation paid for the construction of a arena, which cost nearly $80 million to build.
The first was a commercial site west of Interstate 30, which contained a strip mall, a Kroger and an abandoned K-Mart storefront.
The Arena holds the all-time attendance record for an SEC Women's Tournament when 43,642 people attended the event in 2003.The arena hosted portions of the first and second rounds of the NCAA Men's Division I Basketball Tournament in March 2008 and the SEC Gymnastics Championships in 2007.The arena hosted the Arkansas Awana Games in 2006 and WWE No Mercy in 2002 and they host WWE Smackdown and Raw events.The arena is also used for other events: concerts (seating capacity is between 15,000 and 18,000 for end-stage concerts; the arena has an 80-by-40-foot portable stage); rodeos and auto racing (seating capacity is 14,000); and trade shows and conventions (there are of arena floor space plus of meeting space and of pre-function space).
As a concert venue, its location prompted Bruce Springsteen and the E Street Band to play one of its most rarely performed numbers, 1973's "Mary Queen of Arkansas", during a March 2000 show on their Reunion Tour.The arena is owned by the Multi-Purpose Civic Center Facilities Board for Pulaski County.
When the doors opened in 1999, the facility was paid for and there was no public indebtedness.Two sites in North Little Rock drew interest from county officials for the proposed arena.
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