Cavs "Quietly" Sought County Funds For Arena Browns Raising Season-Ticket Prices Bettman: Flames Need New Arena Marquette, Bucks Partner On Athletics Center Gillette Stadium Adds Cross Insurance Pavilion NASCAR HOF Sponsors Revenue Plummets Glendale On Pace To Lose $8.8M On Arena Deal OU Prez Says Stadium Upgrades Not Delayed Indy Eleven Unveil Stadium Renderings Wisconsin Gov. Proposes Bucks Arena Funding
Upcoming Conferences and Events
CLEVELAND PANEL RECOMMENDS RENOVATION OF BROWNS' HOME
Published January 27, 1995
A 12-person task force recommended yesterday the renovation of Cleveland's 63-year old Municipal Stadium rather than build a new facility for the Browns. The task force, appointed by Mayor Michael White, previously estimated that renovation would cost about $130M with interest, while a new stadium would cost $220M, plus interest and costs of land acquisition and infrastructure. This recommendation is not binding, the task force will present a proposal that will include a financing plan by mid-February. Joseph Roman, chair of the staff assisting the task force: "Renovation will give us a great facility, and it is clearly the low-cost alternative." The state is expected to finance "only a portion of the renovation." These funds could come through a plan by Governor George Voinovich to help Cleveland and other cities in the state fund large capital projects through a penny- a-can beverage tax (Phillips & Koff, Cleveland PLAIN-DEALER, 1/27).