SBD/25/Facilities Venues

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  • PUBLIC TO GET A SAY IN FUNDING FOR NEW BREWERS STADIUM?

         Milwaukee County property taxes "would likely be tapped" to
    repay $18M borrowed to finance infrastructure related to a new
    Brewers stadium, according to Gretchen Schuldt of the MILWAUKEE
    JOURNAL SENTINEL.  Milwaukee County Board Finance Committee Chair
    Richard Nyklewicz "hinted" at a possible referendum on the
    stadium.  Nyklewicz noted that they will wait to see "what the
    Legislature does" before making any decision (MILWAUKEE JOURNAL
    SENTINEL, 8/25).  Opponents of the stadium argued yesterday that
    the price of a new stadium would increase when interest costs are
    added. Critics charges that under the funding structure being
    pushed by the team and WI Gov. Tommy Thompson, costs would triple
    with taxpayers liable for $530M of the estimated $750M tab
    (AP/MILWAUKEE JOURNAL SENTINEL, 8/25).
    

    Print | Tags: Facilities, Milwaukee Brewers
  • STADIUM NOTES

         The Cowboys and Irving city officials are close to ending a
    two-year legal spat over whether the city is entitled to nearly
    $1M in revenue from luxury boxes that Owner Jerry Jones built
    with his own money (DALLAS MORNING NEWS, 8/23)....A study by Lake
    Forest College Prof. Rob Baade claims that a pro team "does not
    bring new money into a community at a rate that offsets the costs
    of construction and upkeep of a stadium" (K.C. STAR,
    8/24)....Seattle Mayor Norm Rice continued his support of a new
    Mariners stadium calling it "vital to the regional economy."
    Rice was joined by Denver Mayor Wellington Webb, who told of the
    effects of Coors Field on Denver (SEATTLE POST-INTELLIGENCER,
    8/25).... Stars President Jim Lites and Mavs Owner Don Carter
    still differ on the timeframe for and location of a new arena.
    Lites forecasts a '98-99 target date for a suburban arena to co-
    house his team, while Carter recently "circled" the '99-2000 NBA
    season as the earliest for a new facility in downtown Dallas
    (DALLAS MORNING NEWS, 8/25).
    

    Print | Tags: Dallas Cowboys, Dallas Stars, Facilities, NBA, Seattle Mariners, Southwest Sports Group
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