McGuire Emphasizes Subsidies For MLS Venue S.F. Official Downplays Concerns Over Warriors Arena Facility Notes New NFL Stadium Efforts Costly For St. Louis NYRA Revives Saratoga Redevelopment Indy Eleven Stadium Bid Runs Out Of Time Facility Notes Consultants Seek Changes To Warriors Arena Plan Falcons To Borrow $850M For New Stadium Omni Hotel Going Near Braves New Ballpark
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STADIUM & ARENA NOTES
Published June 28, 1995
A deal could be announced today to raise Hamilton County's sales tax to 6.5% to build a $540M stadium complex for the Bengals and Reds (SAN JOSE MERCURY NEWS, 6/28). In Baltimore, Jon Morgan reports that Cincinnati officials are offering Bengals Owner Mike Brown a year-to-year lease in exchange for keeping the team while stadium details are "worked out" (Baltimore SUN, 6/28)....In St. Louis, Lorraine Kee reports that it is "too close to call" if the new dome will be "game ready" for the Rams' dome- opener on October 22 (ST. LOUIS POST-DISPATCH, 6/28). Also in St. Louis, Bernie Miklasz writes, "The Rams have had so many cancellations of luxury suites at the new domed stadium that Civic Progress had to come to the rescue and put up some $6 million to cover the shortfall in guarantees" (ST. LOUIS POST- DISPATCH, 6/28)....The Tampa Sports Authority Monday approved $87.285M in public bonds to be used to build the $144M arena for the Lightning (TAMPA TRIBUNE, 6/28)....The Univ. of Illinois at Chicago last week rejected requests from LaSalle Partners on behalf of the city of Chicago to use university land for a new Bears stadium (CRAIN'S CHICAGO BUSINESS, 6/26 issue).