Fayetteville Motorcycle Rally May Need Loan Again - KAIT Jonesboro, AR - Region 8 News, weather, sports

Fayetteville Motorcycle Rally May Need Loan Again

FAYETTEVILLE, Ark. (AP) - Once again, organizers with the Bikes, Blues & BBQ motorcycle rally may have to borrow money so they can donate to charity.

Last year, rally organizers borrowed $100,000 from Arvest Bank to donate to charity, after the annual festival lost $24,520 in 2007. The loan has since been repaid, but organizers say another line of credit may be needed.

Kenneth Mourton, chairman of the board of Bikes, Blues & Barbecue Incorporated, says the board incurred extra expenses the past two years because part of the festival was moved to the University of Arkansas campus. Most of the rally takes place on Dickson Street in central Fayetteville.

Mourton says the exact costs of the 2008 festival, held in September, haven't been calculated yet. Mourton says the board will meet in January to determine whether another bank loan is necessary.

Last year, more than 300,000 people attended the festival.

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