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Tag Archives | property taxes

Diamond Nation: Front us more money, and we’ll share ballpark revenues

Offers of revenue-sharing are rarely taken up by municipalities, so it will be interesting to see if the offer by Diamond Nation to share revenues on a Fredericksburg, Va., baseball complex in exchange for upfront financing actually happens. Diamond Nation, a New Jersey firm seeking to develop a baseball complex in Fredericksburg that includes a […]

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City OK’s Knights funding request, at lower level

Charlotte (N.C.) city officials refined a plan to help fund a new Charlotte Knights (Class AAA; International League) ballpark, adding hotel/motel taxes to mix and dropping the total to $8.5 million. The Knights originally requested $11 million coming from property-tax increases in the ballpark area; this number was later reduced to $9 million by city […]

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