Deferred payment on immediate upgrades to a public building isn't a bad deal for the county. But it also reinforces my point from last year that Hillsborough County has no money for a possible Rays stadium.The Tampa Bay Lightning plans to announce roughly $40 million in renovations to the St. Pete Times Forum that the team hopes will significantly improve the hockey game and concert-going experience.
Documents obtained from Hillsborough County indicate that the team's new owners want to get reimbursed for much of the work with tourist taxes.
Among the changes being discussed: new seating, an overhauled ventilation system, a new interior color scheme and an upper-level concession area.
When there's discussion of bed taxes potentially not covering the $2 million annual tab for the Forum, there's no way money will just magically free up for a brand-new baseball stadium before the bonds are paid off in 2027.
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