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HAWKS TAX BILL MAKES PROGRESS
A 3% car rental tax bill to help finance infrastructure costs near a proposed new Hawks arena was passed by the GA Senate, according to this morning's ATLANTA CONSTITUTION. The legislation was requested by the city as part of a $215M project with Turner Broadcasting to replace the Omni. The tax is expected to generate $5.2M a year through 2038 (Lucy Soto, ATLANTA CONSTITUTION, 3/14).
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THE GREAT MARYLAND STADIUM SAGA NEARING AN END?
Last night, The MD Senate "tentatively approved" $270.5M toward infrastructure costs for a proposed Redskins stadium and to build a new Baltimore stadium, according to the Baltimore SUN. In a "key test," the Senate "narrowly rejected" an amendment which would have diverted $19M from the projects to Baltimore school construction. While final Senate approval is likely this week, the deals must still clear the MD House (Jensen & Smith, Baltimore SUN, 3/14). Also, Redskins Owner Jack Kent Cooke has signed an agreement with Prince George's County and MD Gov. Parris Glendening, which should "clear the way" for the team to begin construction (Charles Babington, WASHINGTON POST, 3/14).




