Hillsborough County Funds for Rays' Ballpark
Tampa Bay News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Hillsborough County officials propose using funds earmarked for the Benchmark International Arena and George M. Steinbrenner Field, along with additional revenue from the Community Investment Tax, to meet the Tampa Bay Rays request for public funding for their new ballpark. The county administrator, Bonnie Wise, has outlined the plan, which involves reallocating funds from the sales tax, extended by voters until 2041. The Rays CEO, Ken Babby, supports the move, emphasizing the teams economic impact and contribution to the local community. However, most commissioners are hesitant to use the tax for stadiums and are awaiting a legal opinion on its feasibility. A fresh draft memo from the Rays, covering cash, infrastructure, timelines, and build plans, is being reviewed by county, Tampa, and sports authority staff. An economic report is set to be released before the April 16th workshop, with early May votes on a non-binding agreement possible, contingent on permits, bonds, and lawsuits being resolved.
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