Arena Funding Approved
"In case you missed the big vote on Tuesday, Florida's Orange County commission voted 6-1 to hike hotel taxes by 1%, with some of the proceeds earmarked for new and renovated pro sports facilities. With the Orlando Magic pushing for a new $350 million arena and other downtown interests demanding a $252 million renovation to the Citrus Bowl, however, the hotel tax alone is unlikely to make the nut: 'I don't think this ordinance gets us there,' county commissioner Homer Hartage told the Orlando Sentinel. 'There's a tremendous amount of work still to be done.'"Given what is going on with Seattle possibly losing the Sonics and Kansas City, OK City and Las Vegas on the horizon looking to steal teams this is great news. If the Magic are willing to hand over the $60 million tax break the State gave them we should see the Magic in a shiny new palace with a 25 year commitment to Orlando before Dwight Howard turns 25.
Good for Dyer, Crotty and the State Legislature for not sinking to the populist demagoging taking place in Seattle and Washington D.C. and getting the project pushed this far. And a toast to all the wonderful tourists kicking in the extra penny to help pay for our new playpen. It's not done yet, but the last few months have accomplished a bunch.