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Banking On Sports Stadia

Posted by: C. Scott Smith
Thanks to: C. Scott Smith
5 December 2002 - 10:00am

Greater Phoenix's West Valley hopes its emerging network of sports facilities will become thriving hubs of activity.

""We're beginning to form a true city," Mayor Joan Shafer said. "What it means to us is, our quality of life is picking up."The sports authority originally allotted $26 million to the $48.3 million project, with the city funding the rest. The sports authority revenues are fed by hotel-bed taxes and a rental-car surcharge approved by Maricopa County voters. The 30-year tax will finance a $355 million Arizona Cardinals football stadium in Glendale, but about $200 million also was earmarked over that period to finance capital improvements for the 12-team Cactus League."

Full Story: Surprise stadium has city thriving
Source: The Arizona Republic, December 4, 2002
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"This ends up being, to be sure, a second best alternative, but it's better than the third best alternative, which is to do nothing." -- Jerold Kayden
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