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NEW PLAN IN TAMPA WOULD AVOID NEED FOR ANY TAX HIKES
Published December 13, 1995
There is a new financing plan under consideration in Tampa to help pay for a new Bucs stadium without asking the FL Legislature for the right to impose new taxes. This morning's TAMPA TRIBUNE reports the public side of the funding would come from the sale of Tampa Stadium Authority land and surcharges on everything in the new stadium -- from parking to concessions. The plans assumes that Bucs ownership will make a $5.8M annual payment toward the stadium. Bucs VPs Bryan and Joel Glazer recently said their family would consider such a payment, but that has not been part of any formal offer. The Glazers have said they are not willing to wait for local officials to get legislative approval for the right to raise taxes. Also being explored is a plan to levy a football stadium surcharge on fans attending Lightning or Yankees spring training games (Henderson & Walker, TAMPA TRIBUNE, 12/13).