Cleveland Browns owner Jimmy Haslam speaks on stadium talks скачать в хорошем качестве

Cleveland Browns owner Jimmy Haslam speaks on stadium talks

A representative of the Haslam Sports Group, owners of the Cleveland Browns, told state lawmakers that the team is prepared to offer "up-front cash" to help alleviate any concerns about issuing $600 million in bonds toward a new domed stadium in Brook Park. During the presentation to the House Arts, Athletics and Tourism Committee, HSG Chief Administrative Officer and General Counsel Ted Tywang also revealed that that team's funding plan is so unprecedented, it may require rewriting Ohio state law. Last month, the Browns shared details of their plan to finance the $3.4 billion economic development project, which features a $2.4 billion domed stadium along with a mixed-use development. Team owners Jimmy and Dee Haslam, along with their development partners, have committed to invest more than $2 billion in private capital. The state of Ohio would be asked to issue $600 million in bonds that would be paid back by tax revenues, while the city of Brook Park and Cuyahoga County would be asked for an additional $600 million in bonds to be covered by an increased admissions tax, parking tax, bed tax and rental car surcharge. In his written testimony, shared by the committee before the hearing, Tywang stated to lawmakers that HSG is willing to help "de-risk" the investment from the state of Ohio. Sia Nyorkor reports: https://www.wkyc.com/article/sports/n... -- At 3News, we’re not here to tell you the news, we’re here to share the stories that you say matter most to you. Share your ideas, thoughts, concerns and engage in conversations about the communities in which we all call home. Follow 3News on Social: Facebook:   / wkyc.channel3   Twitter:   / wkyc   Instagram:   / wkyc3   Visit our site: https://www.wkyc.com/ And be sure to download our app here: https://wkyc.com/app