Louisville Begins Fundraising For Stadium Remodel Columbus Asks State For Funds For Browns Facility MLS Eyeing St. Louis Site For Possible Expansion Team Glendale Selects AEG To Manage Gila River Arena MLSE's Vision For BMO Field Nearly Complete Florida Stadiums Clear Hurdle For Tax Relief Wisconsin Mulls Camp Randall Renovations Construction For Hayward Field May Be Delayed Kansas Planning New Apartments For Student-Athletes Renovations To Philips Arena Could Cost Public $150M
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).