St. Pete Denies Rays' Ballpark Search Deal Levine: Yankee Stadium Can House MLS, MLB Sabres Impressed With HarborCenter Facility Braves Add Land For New Ballpark Parking Rice Univ. Upgrading Football Stadium Facility Notes DC United Finalizes New Stadium Approval Redskins Nix Chinese-Built Wi-Fi System Deal NASL Team Owner Discusses MLS Plans Vinik Unveils Building Plan Near Amalie Arena
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).