Ross Wants To Pay For Stadium Upgrade Lambeau Field Expansion Cost Rises $25M Yum! Center Looks For More Sponsorships Astros Build Custom Database VCU To Build $25M Hoops Practice Gym Facility Notes Oakland Teams Still Searching For New Venues Lions Ownership Staying In Ford Family Astros Name Rykoff Social Media Manager Orlando City SC Backs Off From Park Demands
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Published November 25, 1997
The Harris County-Houston Sports Authority "acquired the final piece of land needed" to build the Astros new downtown ballpark when it completed the last of five eminent domain proceedings Monday, according to John Williams of the HOUSTON CHRONICLE. In all five hearings, property owners received "substantially less than what they had sought" (HOUSTON CHRONICLE, 11/25)....Abe Pollin, NFL facility consultant Rick Horrow and economist Roger Noll were participants at a stadium and arena financing forum at DC's Brookings Institute. Noll, on proposed legislation by U.S. Senator Pat Moynihan (D-NY) that would take away the tax- exempt status of municipal bonds used to finance facilities: "If Congress eliminated the tax exemption on state and municipal bonds used to finance sports arenas and stadiums, the interest rates would go up and cause the public to think twice about each project" (WASHINGTON TIMES, 11/24).