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CINCINNATI STADIUM PROJECT VOTE TO COME TODAY
Published June 29, 1995
The Cincinnati City Council is scheduled to vote today on a $540M stadium project agreement that would create new facilities for the Reds and Bengals. Hamilton County officials agreed last week to raise sales taxes 1% to fund the project. An agreement between the city and county would allow the county to retain ownership of the facilities while the city would retain some stadium sales taxes. In addition, the city and county will work to finance an additional $10M a year for Cincinnati's schools. Bengals owner Mike Brown set a deadline of 5pm today for local leaders to come up with a plan. If no agreement is reached, Brown said he will negotiate exclusively with the MD Stadium Authority, who has agreed to build a new stadium for any NFL team near Camden Yards (Jon Morgan, Baltimore SUN, 6/29).