- VW Employees Donate to Youth Soccer Program
by Dave Flessner May 2016
Volkswagen employees are helping to fund a new program with the Chattanooga Football Club to promote soccer as a way for low-income youth to live active and healthier lives.
- Cell Tower Could Help Finance HS Football Stadium
by Paul Leach May 2016
A cell tower may be the ticket to the giving East Ridge High School a new football stadium. County commissioners and school board members are expected to hash out this possibility at a facility planning meeting Tuesday evening at schools central office on Hickory Valley Road.
- Student Athletic Fees on the Rise
by email@example.com April 2016
Student athletic fees, which fuel college athletics at the state's mid-major schools, continue to rise in South Carolina. The state's six public mid-major schools (FCS and non-football Division I programs) raised their athletic fees for in-state students by an average of 11.5 percent in 2014-15, according to figures from the state Commission on Higher Education. The increases ranged from 51.4 percent at Coastal Carolina to 2.9 percent at College of Charleston, with South Carolina State decreasing its reported fee by 3 percent. The Citadel boosted its fee some 3.9 percent to $2,486 per student, while College of Charleston s fee rose almost 3 percent to $1,246 per student.
- Developer Offers to Privately Fund Football Stadium
by Harry Minium April 2016
Developer Stephen Ballard has offered to provide private financing for a new football stadium he has proposed building at Old Dominion University, a significant departure from the traditional financing model for college athletics.
- Chargers Seek Public Help for $1.8B Stadium
by Scott M. Reid April 2016
The Chargers are asking San Diego voters to approve a hotel tax increase to help fund a new downtown stadium and convention center complex. The hotel tax increase from 12.5 to 16.5 percent is part of a financing plan for the $1.8 billion project the Chargers want San Diego citizens to vote on in November. The Chargers' 10th - and likely final - attempt in the last 15 years to find a new home in San Diego calls for $1.15 billion of the project's financing to come from the hotel tax increase, with the remaining $650 million coming from the franchise and the NFL.
- Businesses to Raise Pool Renovation Funds
by Johanna S. Billings March 2016
When the filtration system on the Howard Fox Memorial Pool failed at the end of last season, officials feared they would not be able to open in 2016. A new filtration system costs about $70,000, said Jim Porter, Calais city manager. The pool's entire annual operating budget is only a little more than $30,000 -- not enough to both purchase the needed infrastructure and run the pool. "We can't open without a new filtration system," said Craig Morrison, the city's recreation director.
- YMCA Raises Funds Brick by Brick
by Robyn Flans March 2016
As they enter the home stretch toward completion of the 60,000-square-foot Triunfo YMCA state-of-the-art facility and adjacent Westlake Village Community Park, organizers are launching the final fundraising campaign. Phase 3 is the Commemorative Brick Program, where local residents can buy a brick in the walkway in front of the building for $5,000. “It’s payable over five years,” said Ronnie Stone, president/CEO of Southeast Ventura County YMCA. “So it’s $1,000 a year. You can put your family name on it or whatever dedication you wish.” The goal is to sell 1,000 bricks, and that money, together with the dollar-for-dollar match pledged by Dole CEO and Lake Sherwood resident David Murdock, will bring in the final $10 million needed to open the new building, Stone said.
- St. Paul Council Divided On Soccer Stadium
by Jesse Van Berkel March 2016
St. Paul officials have agreed that taxpayers will cover infrastructure improvements around the proposed soccer stadium and forgo property taxes at the stadium site - and some City Council members say that's enough. Council Member Rebecca Noecker will propose a resolution Wednesday opposing tax-increment financing (TIF) at the 25-acre Midway Shopping Center property next to the planned Minnesota United stadium. The Midway property is part of a 34.5-acre site at Snelling and University avenues that would be transformed by the developers' master plan. "We trust that [the stadium] will be a catalyst," Noecker said about development of the Midway property. "I don't think creating a new TIF district on the site is warranted."
- End of Stadium Tax for Miller Park on the Horizon
by Tom Daykin March 2016
The Milwaukee metro area sales tax used to help finance Miller Park will likely end between 2018 and 2020, according to a new report. That's the same range that was forecast in a similar report last year from Public Financial Management Inc., a consulting firm hired by the Southeast Wisconsin Professional Baseball Park District.
- Proposed Athletic Complex Surpasses Fundraising Goal
by Lauren Stephenson March 2016
The group raising money to fund construction of the Oakwood Athletic Complex has surpassed its original fundraising goal of $2.5 million.