Panel Wants To Reduce Funding For Vegas Stadium Judge Rules In Vikings' Favor In Wells Fargo Dispute Falcons' McKay Confirms $200M Changes To Stadium Penn State's Beaver Stadium Likely To Renovate Facility Notes Cubs Not Pleased With Alcohol Agreement Nevada Stadium Renovation Taking Shape Facility Notes Kraft In Talks To Build Soccer Stadium In Dorchester Vikings Get Approval for New HQ In Eagan
SBD/June 23, 2014/Facilities
Daytona To Remove Backstretch Seating After '15; More State Funding On The Way
Published June 23, 2014
THIRTY-YEAR PLAN: In Daytona Beach, Andrew Gant reported Florida Gov. Rick Scott on Friday “signed a major sports stadium incentive bill” that could give DIS $90M in “state sales-tax money over 30 years.” The law "will allow new or expanding professional sports stadiums to compete for a share” of $13M in available annual funding. DIS Senior Dir of PR Lenny Santiago said that the track will “begin working on the application process” right away. Because DIS' renovation project is already underway, it “could receive funding” in ‘15 with “approval from only the joint Legislative Budget Commission instead of the full Legislature” (NEWS-JOURNALONLINE.com, 6/20).