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REDS' RIVERFRONT RENOVATION WOULD MEAN TAX ROLLBACK
Published July 2, 1996
If the Reds choose to renovate Riverfront Stadium instead of building a new ballpark, Hamilton County residents would receive a sales-tax rollback, according to the CINCINNATI BUSINESS COURIER. County Commission President Bob Bedinghaus refused to confirm that renovation is still an option for the Reds, but he said that such a choice would lead to an "early end" for the half-cent sales tax increase approved by voters on March 19. Sources close to the situation say that renovation would not require the Reds to make any financial contribution, but that the club would be expected to invest $25-30M in a new facility (Steven Goodin, CINCINNATI BUSINESS COURIER, 7/1). SCHOTT INVOLVED: Despite her ban from the club's daily activities, Reds Owner Marge Schott will play a "dominant role" in any stadium decisions, according to the team. Reds spokesperson Charles Henderson says Schott continues to have "input" into the stadium process, noting: "The people in New York made it clear that she can serve in an advisory capacity" (CINCINNATI BUSINESS COURIER, 7/1).