SBD/10/Facilities Venues

Print All

         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).

    Print | Tags: Facilities

         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).

    Print | Tags: Cincinnati Bengals, Cincinnati Reds, Facilities

         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).

    Print | Tags: Chicago Bears, Facilities

         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).

    Print | Tags: Continental Airlines, Facilities, New Jersey Devils, Brooklyn Nets

         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).

    Print | Tags: Facilities, Tampa Bay Buccaneers, Tampa Bay Lightning

         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,
         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).

    Print | Tags: Dallas Cowboys, Facilities
Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug