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REDS AND BENGALS MAY GET NEW STADIUMS UNDER TAX PROPOSAL
Published June 22, 1995
The Reds and Bengals may get new stadiums under a $540M proposal to raise the Hamilton County sales tax but reduce property taxes, according to the CINCINNATI ENQUIRER. The 20- year tax increase, from 5.5% to 6.5%, would be imposed without a public vote, and would generate an estimated $100M annually. This revenue would be used for a $540M stadium complex, special levies now being paid by county property owners, and a 300-bed jail. The plan will be released today by County Commissioner Bob Bedinghause, and will roll back property taxes by an average of 18% annually. Bengals Business Manager Bill Connelly: "This is what Mike (Brown) has been waiting for. We're anxious to see the details" (CINCINNATI ENQUIRER, 6/22).