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Penny/Half-Penny Tax?

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I think it would be a very close ballot box fight, but it is Miami.... :whistle

 

STADIUM COSTS*

 

 

? Overall: $420 million, for a 38,000-seat, retractable-roof facility

 

? County's pledge: $138 million

 

? City's: $28 million, plus land

 

? Marlins': $192 million

 

? Parking revenue: $32 million

 

? Shortfall: $30 million

 

? What a penny tax would raise: $320 million.

 

? Half-penny: $160 million.

 

*Before costs escalated

 

Source: Miami-Dade County

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BTW, the Fish have said they could put up another $10-15 million in an equity payment. The Marlins are also advising Dade County to increase the rent amount to close the gap.

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Burgess has said this is an option. Only thing is the county doesn't want to pay for the election in 2005 (however in 2006 the normal elections would eliminate that cost) and the Marlins fear rejection.

 

Note of Interest: In 2000, Hialeah's voters approved using city money to build a Marlins Ballpark. I wonder how such a question would do county-wide.

BTW, the Fish have said they could put up another $10-15 million in an equity payment. The Marlins are also advising Dade County to increase the rent amount to close the gap.

951915[/snapback]

 

Is this something new or somehing that was already put on the table a while ago?

 

Btw, the City of Miami has said they are willing to pay for the election if Dade holds the election on 2005. So this may incline the county commision to allow the 2005 election to go forward, I hope.

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Seems new to me. The rent payments are not something Dade wants to raise, means they have to take more risk.

I doubt anyone would vote for the tax. When they tried the transportation tax a few years ago it was voted down. If people would rather sit in traffic than pay half a cent then there is no way they are going to pay for a marlins stadium.

 

If the marlins come up with that 15 million or so equity payment, then maybe the city will come up with a few more million so they can build this thing.

"I doubt anyone would vote for the tax. When they tried the transportation tax a few years ago it was voted down."

 

 

Hey Jetsmania,

 

The voters of Dade County did actually vote in favor for the transportation tax. You must be thinking about a few years before the transportation tax vote where Dade County was trying to pass a half cent tax that was going to everything else besides transportation. Now that was voted down. They actually have an independent review board (forgot what they are actually called) but they make sure that the transportation tax money is being used towards transportation.

IMO, I think the Marlins will announce that they will be seeking relocation after the season is over.

 

I mean, why won't they make any public statements that they are still commited to South Florida and to finding a way to build the ballpark?

 

I e-mailed David Samson asking him if a deal for a new ballpark was dead. I asked him if he thought there was any hope that this thing could get done. He could not even answer that. His response was:

 

we will have public statements after the season. Thanks for your

e-mail.

 

 

I mean, if this thing wasn't dead and there was still hope why wouldn't he just say so? I think it is because there is no hope so they are just waiting until after the season is over

to announce that they want to leave.

 

I really hope I am wrong.

Marlins04 Posted Today, 03:16 PM

wont happen

 

 

I am just correcting Jetsmania who stated that the voters in Dade county voted down a penny transportation tax. It did pass. I agree with you that a tax increase for a baseball stadium left up to the voters of Dade county will not happen. That is all.

Ya you guys are right, I was thinking about the other half cent tax. I dont know why I thought it was for transportation. All I remember is the cover of the herald was a big NO! the day after the vote

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