Astros Formally Introduce Reid Ryan Sources: MLSE Initiates Search For GM Twitter Stream NBA Game Highlights Iranian Wrestling Team Exits Tour Bassmasters Inks Pair Of Sponsorships Classified Advertisements SMI Chair & CEO Bruton Smith Q&A Development Proposed For TD Garden Front Maloofs Agree To Deal With Sacto Group Billy Hunter Sues NBPA, Derek Fisher
Sections
SBD/10/Facilities Venues
Print All-
CITY COUNCIL APPROVES $60M JACK MURPHY STADIUM EXPANSION
The San Diego City Council voted 8-1 yesterday to approve a plan to sell taxable lease revenue bonds to finance a $60M expansion of Jack Murphy Stadium, according to the San Diego DAILY TRANSCRIPT. The City Attorney's Office has also filed a motion with the 4th District Court of Appeal asking the court to take emergency action to certify the availability of funds for the expansion project. A group led by former Councilman Bruce Henderson, tax activist Richard Rider and Steven Green of the Libertarian Party contend it is illegal to approve a bond sale without a vote of the people. Any legal action by this group could hold the project up for years, but the City Attorney's motion is intended to keep the project moving forward. Henderson and his group plan to meet with their counsel to decide on a next step while a hearing on the issue has been scheduled for February 16 in San Diego Superior Court (Thor Biberman, San Diego DAILY TRANSCRIPT, 1/10).
-
HAMILTON COUNTY COMMISSIONERS CUT TAX PROPOSAL IN HALF
Hamilton County, OH, commissioners have cut in half a proposal to raise the sales tax in an attempt to make it more "palatable" for voters, according to the CINCINNATI ENQUIRER. A one-cent on the dollar tax increase was proposed in June to help finance new stadiums for the Bengals and Reds, and help with infrastructure improvements in Cincinnati. Now, voters will be consider a half-cent on the dollar tax increase on the March ballot which will contribute $35M a year toward stadium construction and $15M toward property tax relief for homeowners. A second half-cent initiative -- additional property tax relief and for prison improvements -- will be voted on during a November ballot (Michaud & Goldberg, CINCINNATI ENQUIRER, 1/5).
-
ILLINOIS POLITICIANS SKEPTICAL ABOUT STADIUM TAXES
IL House Democratic leader Michael Madigan said yesterday if Republicans want to build a domed stadium for the Bears, they will have to put up all of the votes for the measure unless they accede to Chicago Mayor Richard Daley's demand for regional or statewide taxes to fund the project, according to the CHICAGO TRIBUNE. A spokesperson for Republican House Speaker Lee Daniels said, "We've said all along that any new stadium, whether Soldier Field or McDome, would have to be ratified by the Mayor and carried by his (Democratic) delegation." Rick Pearson writes, "The game of power politics in a legislative election year is a larger priority to the leaders than football" (CHICAGO TRIBUNE, 1/10). A report in yesterday' TRIBUNE indicated that McCormick place officials are outlining a plan to finance a $435M dome stadium with existing tourism taxes, team revenue and a split of the public works costs between the city and state (Pearson & Christian, CHICAGO TRIBUNE, 1/9).
-
NETS FILE LAWSUIT AGAINST NAME CHANGE AT BRENDAN BYRNE ARENA
Superior Court Judge Kevin O'Halloran will consider the Nets' request for a temporary restraining order blocking the name change of Brendan Byrne Arena on Jan. 25, according to a report in USA TODAY. NJSEA has agreed to refrain from using Continental ads until the court ruling. The Nets and NJSEA are scheduled to meet today on the matter and the two sides have agreed to keep Continental's name off the shot clock at Nets' games and from under the ice at Devils' games until the suit is settled. NJSEA can use the airline's name on tickets and can publicly refer to and promote the arena as Continental Airlines Arena. The naming rights agreement gives the Devils 30% of the deal, while the Nets' lease does not entitle them to any new revenues. Nets spokesperson Howard Rubenstein said NJSEA "violated our license agreement, and we have to go to court to protect those rights" (USA TODAY, 1/10). The Nets cite a '92 addendum to their lease that gives them the right of first refusal to any "new advertising" the NJSEA plans to sell. Nets attorneys said both that the team would have matched the $29M Continental deal, and that they could have broken the deal up and made more money (Newark STAR-LEDGER, 1/9).
-
STADIUM NOTES: DETROIT VOTERS GET TWO BALLOT QUESTIONS
Fans of the old Tiger Stadium were able to gather 8,067 signatures and have added a question to the March 19 ballot on whether the city should use $35M of city money to build a new stadium. The group was allowed to word their question, with possible confusion looming for voters. The Tiger Fan Club's question includes a double negative -- with a "yes" vote meaning not using city money for the new stadium (DETROIT NEWS, 1/10)....Philadelphia Mayor Ed Rendell envisions a Camden Yards model for building a new stadium in Philadelphia: "I'd recommend going through the state Sports Authority, which can write bonds, and have a sports lottery" (PHILADELPHIA INQUIRER, 1/7)....The Lightning have warned Hillsborough County officials that any extra tax on tickets or concessions would violate their lease at the new Ice Palace. The TSA wants to impose a tax to help fund a new stadium for the Bucs (Joe Henderson, TAMPA TRIBUNE, 1/10).
-
TEXAS STADIUM COULD GET NEW NAME IN EXPANSION EFFORTS
Several City Council members said Texas Stadium could get a new name when it is expanded, according to the DALLAS MORNING NEWS. Texas Stadium would likely get a corporate sponsor's name like 3Com Park in San Francisco and the RCA Dome in Indianapolis, while the city would benefit from the millions in companies pay for naming rights. Dianna Hunt reports City Council member Jack Spurlock said the money involved in a name change would make the renovations "more palatable" (Dianna Hunt, DALLAS MORNING NEWS, 1/5). BUT WILL RENOVATIONS EVEN HAPPEN? The stadium's original architect says renovating Texas Stadium and putting a dome on it is unrealistic. Warren Morey, who designed Texas Stadium for original Cowboys Owner Clint Murchison says putting a dome on the facility would require major reinforcement of the roof support system and expanding seating would alter the sight lines. Cowboys Owner Jerry Jones is confident it is feasible (WASHINGTON POST, 1/7).




