Neither Tampa nor St. Petersburg holds an advantage when it comes to funding a new Tampa Ray Rays ballpark, as a study indicates existing revenue streams in both cities could be tapped without residents facing a tax increase. The Baseball Stadium Finance Caucus, a joint effort of the St. Petersburg and Tampa chambers of commerce, […]
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Tampa: We could have $100M for new Rays ballpark
Money currently generated by a downtown Tampa TIF district to pay down convention-center bonds could be used in 2015 and beyond for a new Tampa Bay Rays ballpark, according to city officials. The tax-increment financing district currently generates some $13.5 million a year, and the Tampa Convention Center bons are slated to be paid off […]