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Stadium Renovation Talk 2023
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05-15-2024, 05:25 AM
(This post was last modified: 05-15-2024, 05:38 AM by The Real Marty. Edited 2 times in total.)
Having read the news reports about last night's presentation, it seems to me that this deal is completely reasonable. The city pays their share by stretching out the Better Jacksonville Plan half cent sales tax from 2026 to 2030. That half cent sales tax was due to expire in 2026. By stretching out the half cent sales tax, the city would be able to pay in cash for BJP projects that they had planned to borrow money for. That freed up borrowing capacity would then go toward funding the stadium.
The Jaguars are responsible for any cost overruns. AND, it comes with a new 30 year lease. The only thing that I am wondering about is the mirrored roof, and whether that will cause a reflection that blinds drivers going over the Matthews Bridge. |
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