SBD/21/Facilities Venues

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  • JOINT DEAL MAY BE THE ONLY WAY TO KEEP THE PANTHERS IN FLA

         The only thing "likely" to keep a the NHL in South FL is a
    deal between its two richest men: Wayne Huizenga and Micky
    Arison, according to the MIAMI HERALD.  Panthers Owner Huizenga
    and Heat Owner Arison both want out of the Miami Arena and both
    want taxpayers to pay for a new arena.  Metro Commissioner
    Maurice Ferre: "If Huizenga and Arison came together and told us
    they wanted a modern stadium, we would have to act.  If they
    don't come together, then there is really nothing to talk about"
    (MIAMI HERALD, 7/20).
    

    Print | Tags: Facilities, Miami Heat, NHL
  • KING COUNTY PUTS CAP ON SPENDING FOR STADIUM, VOTE TODAY

         A King County committee revised the proposal negotiated
    between a county executive and the Mariners on Wednesday, capping
    the amount taxpayers will spend on a retractable dome at $240.8M.
    Heath Foster of the Tacoma NEWS TRIBUNE writes that the revision,
    and several others increase "the likelihood the full 13-member
    council will support" the plan in a vote today.  Other
    amendments: the proposed .1 cent sales tax will also pay off the
    $70M debt for the repair of the Kingdome and make $100M in
    Kingdome improvements for the Seahawks; the county will not
    contribute to the cost of designing the stadium -- estimated at
    $5M-$10M; and the county will not pay for any construction
    overruns.  Mariners Pres. John Ellis argued against saying his
    team will lose $15M a year until a new park opens in '99 and that
    the their investment in the park will top $250M (NEWS TRIBUNE,
    7/20).
    

    Print | Tags: Facilities, Seattle Mariners, Seattle Seahawks, Vulcan Ventures
  • MEGAPLEX DEBATE CONTINUES AS PANEL LOOKS INTO PR PUSH

         Massport Exec Dir Stephen Tocco argued that only the sports
    pieces of a megaplex can draw private investment which can be
    used to reduce the amount of public funds needed for a convention
    center.  Meanwhile, House Ways and Means Chair Thomas Finneran, a
    megaplex opponent, said legislative support for a convention
    center-only bond issue would be a "deadlock cinch" as long as it
    was backed by a hotel "shelf" tax to kick in if revenues failed
    to cover the costs.  Tocco has called for a p.r. campaign to push
    for a full megaplex as a job generator for Boston's inner city.
    Tocco said Harvard Business School Professor Michael Porter will
    help lead a pro-megaplex effort (Phil Primack, BOSTON HERALD,
    7/20).  Members of the megaplex commission have expressed
    "chagrin" that five weeks after filing legislation to authorize
    construction of the project, House Speaker Charles Flaherty still
    has not assigned a bill to a committee (Richard Kindleberger,
    BOSTON GLOBE, 7/20).
    

    Print | Tags: Facilities
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