SBD/17/Facilities Venues

STADIUM NOTES

          In Tampa, Hillsborough County commissioners approved a
     loan to continue building a "scaled down" version of a new
     football stadium in case the Bucs' lease is overturned later
     this year by the FL Supreme Court.  Former Mayor Bill Poe's
     challenge has kept officials from selling $204.5M in
     construction bonds, making a $9.7M loan necessary to
     continue stadium construction through July (TAMPA TRIBUNE,
     4/17)....A MN House subcommittee approved a bill that
     authorizes the state to buy the Twins for as much as $100M. 
     Also, the MN Legislative Commission on Planning and Fiscal
     Policy will pay the accounting firm of Deloitte & Touche
     $38,500 over the next month to analyze proposals for the
     legislature on the Twins issue.  Deloitte & Touche was
     selected over a new consulting firm, the Sports Economics
     and Facility Financing Group, made up of Smith College
     baseball economist Andrew Zimbalist, IU Urban Economist Mark
     Rosentraub and Congressional Research Service Tax Economist
     Dennis Zimmerman (Minneapolis STAR TRIBUNE, 4/17)....In AZ,
     the state Senate approved a bill allowing two or more
     municipalities to develop stadium districts, which then
     could ask voters to approve a sales tax to fund a sports
     complex for the Cardinals.  The bill also repeals a law that
     allowed Maricopa County to levy a sales tax to build the
     Bank One Ballpark without voter approval.  The bill now goes
     to the House (ARIZONA REPUBLIC, 4/17)....The Tostitos Fiesta
     Bowl and ASU agreed on a new lease to keep the game at Sun
     Devil Stadium for at least the next ten years.  The lease is
     subject to approval by the AZ Board of Regents (ARIZONA
     REPUBLIC, 4/17).

Return to top
Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug