Baseball commissioner Bud Selig has officially come out against an Arizona-wide ticket tax scheme to help fund a Chicago Cubs spring-training stadium. In doing so, Selig joins every other team in Arizona, who would rather not be helping to foot the bill for their rival's new home, no matter how many Cubs fans boost the gate at their spring games thanks to the team's presence in Arizona rather than Florida.
Selig says he'd rather see a tax-increment financing scheme. The Arizona Diamondbacks agree, which should be no surprise given that a TIF was their idea in the first place; however, team president Derrick Hall hedged a bit, saying, "We would be open to [a TIF], but believe the legislators are not in favor of it. ... We are just seeking other solutions so as to not tax fans who attend any and all spring games." In other words: We don't care who you tax, Arizona legislature, so long as it ain't us.
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Showing posts with label Cubs' Spring Training Stadium. Show all posts
Showing posts with label Cubs' Spring Training Stadium. Show all posts
Monday, February 22, 2010
Selig and Diamondbacks endorse Cubs' Stadium Tax Increment Financing
From http://www.fieldofschemes.com/ -
Friday, February 19, 2010
Diamondbacks open to special tax district to finance Cubs' stadium
From the Phoenix Business Journal -
Arizona Diamondbacks President Derrick Hall says the team is open to the creation of special tax districts to help finance a spring training stadium for the Chicago Cubs and other projects in the Phoenix area.
The D-backs are among opponents to the current plan to help pay for the $84 million stadium in Mesa, which includes an 8 percent charge on all Cactus League games.
One alternative suggested is a special tax district or a tax increment financing structure in Mesa.
“We would be open to it, but believe the legislators are not in favor of it,” Hall said. “It seems like a solid alternative and by design, should help enhance development throughout the Valley. We are just seeking other solutions so as to not tax fans who attend any and all spring games.”
TIFs involve earmarking tax revenue from a specific area for development and redevelopment projects in the tax districts.
Hall said the D-backs prefer tax zones to the ticket tax and they could help other parts of the region, although he expects opposition from fiscally conservative lawmakers.
Bud Selig siding AGAINST Cubs on stadium deal
Add Baseball Commissioner Bud Selig to the list of opposition to the tax plan to help Mesa, Arizona keep the Cubs in Mesa for spring trainings to come.
As you are probably well aware, there is a bill being proposed to, among other things, add a tax to all Arizona spring training tickets to fund an $84 million new spring training stadium for the Cubs. The Cubs are the biggest draw to Arizona spring training. Mesa is therefore desparate to keep the Cubs and the new stadium is needed to do just that.
The White Sox are the most vocal opponent to the new tax but by far not the only ones. Many other teams that spend their springs in Arizona oppose the bill. But now, Bud Selig, the current MLB Commissioner, has voiced his opposition to the new tax.
Selig's office has hired Arizona attorney Pat Ray to oppose the tax. No word yet what impact Selig's opposition will have on the Arizona legislature that is considering the new tax.
As you are probably well aware, there is a bill being proposed to, among other things, add a tax to all Arizona spring training tickets to fund an $84 million new spring training stadium for the Cubs. The Cubs are the biggest draw to Arizona spring training. Mesa is therefore desparate to keep the Cubs and the new stadium is needed to do just that.
The White Sox are the most vocal opponent to the new tax but by far not the only ones. Many other teams that spend their springs in Arizona oppose the bill. But now, Bud Selig, the current MLB Commissioner, has voiced his opposition to the new tax.
Selig's office has hired Arizona attorney Pat Ray to oppose the tax. No word yet what impact Selig's opposition will have on the Arizona legislature that is considering the new tax.
Wednesday, February 17, 2010
First public hearing today regarding proposed deal for Cubs' Cactus League stadium
From the Phoenix Business Journal -
A bill to help pay for the proposed $84 million spring training ballpark for the Chicago Cubs will get its first public hearing at the Arizona Legislature Wednesday morning.
The House Commerce Committee will consider House Bill 2736, which would raise car rental taxes and levy ticket fees on all Cactus League games to help pay for the stadium. The Cubs have threatened to move to Florida if they don’t get a new stadium in Mesa by 2013. The city of Mesa will hold an election later this year asking voters to approve bonds and extra spending for the ballpark.
The bill does not yet including a specific surcharge for tickets or a specific increase to rental car taxes.
The idea of ticket fees on all Cactus League games is opposed by the Arizona Diamondbacks and other Cactus League teams.
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