Cavs "Quietly" Sought County Funds For Arena Bettman: Flames Need New Arena Marquette, Bucks Partner On Athletics Center Gillette Stadium Adds Cross Insurance Pavilion NASCAR HOF Sponsors Revenue Plummets Glendale On Pace To Lose $8.8M On Arena Deal OU Prez Says Stadium Upgrades Not Delayed Indy Eleven Unveil Stadium Renderings Wisconsin Gov. Proposes Bucks Arena Funding Inglewood Likely To Vote On Proposed NFL Stadium
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SBD/June 14, 2011/Facilities
Published June 14, 2011
OUT OF THE GATES: NYRA President & CEO Charles Hayward said that Belmont Park officials last Thursday made a presentation to the Breeders’ Cup BOD “to be the host site of the organization’s year-end event as early as 2012.” DAILY RACING FORM’s Matt Hegarty noted the BOD “has not yet named a host site for the 2012 event.” The organization “is believed to be considering naming the same host site for both the 2012 and 2013 events.” Hayward on Saturday said that he “expected Breeders’ Cup to make a decision on the host site within the next month” (DRF.com, 6/11).
FROM DOWNTOWN: In Sacramento, Lillis & Bizjak note Sacramento Mayor Kevin Johnson yesterday named a task force of elected, labor and business leaders who "will explore how to finance" a new downtown arena. The group “will hold its first public meeting on Thursday, during which it will discuss ways that public and private finances can be combined for a project.” While the funding method for a new arena “hasn't been determined, city officials are convinced downtown is the right spot to build it.” But the proposed arena “lacks a substantial parking structure, and planners are counting on 20 percent of event-goers to take light rail.” Those who drove “would likely need to park their cars at existing downtown garages at least a few blocks away from the arena” (SACRAMENTO BEE, 6/14).
OWNING THEIR HOME: Dallas CFO Jeanne Chipperfield said that American Airlines Center “should be completely paid off and owned lock, stock and barrel by the city before summer’s end.” In Dallas, Rudolph Bush noted the Dallas City Council will “vote June 22 to retire $10.45 million in remaining bonds” (DALLAS MORNING NEWS, 6/14).