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Marlins Ballpark Funding Passes Hurdle PDF Print E-mail
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Written by The Staff   
Wednesday, 21 February 2007 00:56

Marlins New StadiumTuesday, two bills designed to help publicly finance a new stadium for the Florida Marlins passed a hurdle in the Florida Legislature. The Senate Commerce Committee unanimously approved the bills that would provide $60 million in state money for the project.

The votes mark the earliest in the year that legislators have taken action on state funding for a ballpark. As reported by the South Florida Sun-Sentinel:

The bills, sponsored by Sen. Alex Diaz de la Portilla, R-Miami, and Sen. Rudy Garcia, R-Hialeah, would let the Marlins keep $2 million in state sales tax for 30 years to help pay for a new stadium. Diaz de la Portilla's bill has more safeguards to protect taxpayers, such as requiring the Marlins to reimburse 150 percent of the money they receive should they leave early.

The passage is far from a guarantee that funding will be passed in total as a series of sports related funding bills are weaving their way through the Florida Legislature, and it will remain to be seen how the Marlins factor into the mix. 

See renderings of the proposed Marlins facility here on the Biz of Baseball

 
 
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