Thursday, December 14, 2017

Ybor City Coalition Concerned about Rays Stadium Funding

The Ybor City Development Corporation (YCDC), a citizen advisory board to Tampa's Community Redevelopment Agency, sent a letter to Mayor Bob Buckhorn last week expressing concern that taking land for a proposed new Rays stadium off the county tax rolls could have adverse impact on property tax revenues that help fund local projects in Ybor City.

"The YCDC Board of Directors looks forward to being a part of the process and welcomes the opportunity to weigh in on stadium discussions that pertain to the Ybor City National Historic Landmark District," the letter wrote.

RELATED: 14 ways taxpayers could be asked to fund Rays stadium

While the city of Tampa - and the Community Redevelopment Agency - would both have to be involved in funding discussions, it has been Hillsborough County staffers and Commissioner Ken Hagan who have taken the lead.

Mayor Bob Buckhorn's office said Wednesday they had not responded to the YCDC letter.

RELATED: Hillsborough's chief stadium negotiator mum on details...time and time again

Read the text of the entire letter here on WTSP.com.





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3 comments:

  1. There should be no concern at all. The Rays and MLB are going to pay for 100% of the cost of the stadium and pay property taxes year after year just like we do.

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  2. @Scott - in an ideal world, yes, that should be the case. But this is baseball and a team in "trouble" we're talking about... the likelihood of the Rays paying anything close to even 10% of the stadium cost and any related taxes is nearly zero.... Just look at how the Lightning got "free money" just recently....

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    Replies
    1. Yep, very sad that Saint Vinik is greedy POS as well.

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