Authority Member Blasts Penguins Civic Arena Efforts Canucks Set To Debut Bar At Rogers Arena Indian Wells Renovation Nearing Completion Kentucky Gov. Discusses Yum! Center Plan Billboards Outside Nationals Park Pass First Vote Reebok Confirms Move Of HQ To Boston South Carolina Looking At Stadium Upgrades? Chargers Continue Exploring Stadium Options Louisville AD: School Unwelcome At Yum! Center Clock Ticking For Oakland On Raiders Deal
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).