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Wednesday, September 24, 1997 City could play hardball on stadium
BY LUCY MAY
Council members appeared stunned by the idea, which could derail the $400 million football project.
Mr. Shirey said he wasn't making any threats but simply wants council members to know what their leverage is in dealing with the county.
"That is the way for city council to assure they get a quality riverfront development," he said.
Told of the city manager's remarks, County Commissioner John Dowlin responded: "The county leverage with the city is, we won't build the stadium. Then what happens to your riverfront?"
Mr. Shirey's recommendation was the latest in a series of conflicts between the city and county over the new football stadium. Mr. Shirey stressed that city-county negotiations have been good lately, but the city isn't satisfied yet with the county's stadium plan. Parking is at the root of the problem.
To accommodate football fans, the county plans to build temporary parking lots from the stadium's eastern edge, at an extended Elm Street, all the way to the John A. Roebling Suspension Bridge.
But Mr. Shirey warned council that once that parking is there, it could be impossible to get rid of. Instead, the city wants to build parking garages there that are strong enough to hold theaters, shops, restaurants and the Underground Railroad Freedom Center on top.
The city thought the county would be able to pay for those garages, and even roads and flood protection, using proceeds from the half-cent sales tax increase passed to pay for stadium construction, Mr. Shirey said.
But the garages, roads and flood protection would cost another $107 million, and the sales tax can't cover it, he said. The county's parking lots, on the other hand, would cost only $3 million.
"We have to recognize the county has a money problem," he said. "That sales tax seemed like an awful lot of money with $50 million rolling in a year. . . . But you've got too few dollars chasing too much debt."
But Hamilton County Commission President Bob Bedinghaus said that's simply not true.
The county has enough money to build new stadiums for the Bengals and Reds, he said, but county officials never planned to use sales tax money to build all the parking, roads and infrastructure needed for other development.
Mr. Bedinghaus said once the city and county agree about the parking structures, how they would be financed and what goes on top of them, the county will make way for the garages.
Mr. Shirey's comments during Tuesday's Community Development Committee meeting were an effort to explain to council members the reason for the entertainment district strategy and to persuade them to move quickly.
But several on council said they didn't want to rush into riverfront decisions that will affect the city for generations to come.
They appeared open to the idea of withholding the city's land from the county.
Community Development Committee Chair Bobbie Sterne said she understands the county needs the city land right away.
However, "there's some action by the county I feel needs to take place before we transfer the land," she said.
Mr. Bedinghaus said there's no question the county needs the city land immediately. Paul Brown Stadium is scheduled to open in August 2000.
"The city is one player that could stop this project in its tracks," Mr. Bedinghaus said. "And if they choose to play that card, it will be on their shoulders."
The county's lease agreement with the Bengals includes penalties if the stadium isn't completed on time. For every game the opening is delayed, the team gets $4 million.
Mr. Shirey thinks the massive parking structures, roads and flood protection needed for the entertainment development plan could be financed by the development itself. Parking revenues could help pay off the debt issued to build the garages, he said. But the county isn't convinced that would work, said Suzanne Burck, the county's budget chief.
That's partly because the county already has counted on using the revenues from the parking lots to help pay off the debt from building the Bengals stadium, she said.
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