Adelson Ready To Walk Away From Raiders Plan Developers Exploring Arena Near Scottsdale Facility Notes Hansen Group Offers To Fund Seattle Arena Privately Chargers Have L.A. Options If Ballot Measure Fails Yankee Stadium Adding Social Gathering Areas Plans Revealed For Phase II Of Ballpark Village Sources: Fortress Backing Lott-Raiders Group Facility Notes San Diego Voters Still Skeptical Of Stadium
OHIO COUNTY OFFICIAL FLOATS ALTERNATIVE RENOVATION PLAN
Published May 18, 1995
Cuyahoga County Commissioner Lee Weingart is suggesting a county-wide vote on a plan to redirect a tenth of the revenue from the Cleveland Regional Transportation Authority's 1% sales tax to help pay for the city and county's $120M share of the $150M Cleveland Stadium renovation. The plan would be an alternative to Cleveland Mayor Michael White's plan to levy 15% parking tax on all lots within the city. Weingart told CRAIN'S CLEVELAND BUSINESS that his plan would not hurt the RTA because "there aren't many government bodies that can't be cut 10%." RTA Board President George Dixon: "With federal cutbacks, we're begging for operations funds as it is" (Stan Bullard, CRAIN'S CLEVELAND BUSINESS, 5/15 issue). In an editorial in the same issue, CRAIN'S supports White's parking tax plan, but opposes additional funding from the county -- also part of the funding plan. Instead, CRAIN'S proposes a $3 a seat "renovation surcharge" on all tickets sold at the stadium (CRAIN'S CLEVELAND BUSINESS, 5/15 issue).