PawSox Take a Hit as Council Tables Pro-Stadium Resolution

GoLocalProv News Team

PawSox Take a Hit as Council Tables Pro-Stadium Resolution

PawSox owners continue to press for millions in public subsidies
A resolution that supports the PawSox funding scheme has been tabled by the City Council and opponents say the decision is an indication of the lack of support for the funding structure.

Pawtucket community activist Khrystyne Bento, told GoLocal regarding Wednesday night's Pawtucket City Council meeting, "Albo Vitali, who put the resolution on the table, decided to pull it back off, He knew the council was not in support, so he saved himself the embarrassment. We had signs up -- I was wearing a bumper sticker on my chest. He knew the crew that was there was not in support either."

"The [other council members] were all going to vote against it and they made that clear to him -- so he put his life jacket on," said Bento. "The community opposition was there with signs. We were gearing up for war, but he shot himself," said Bento.

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The owners of the Pawtucket Red Sox are asking both the State of Rhode Island and the City of Pawtucket to provide tens of millions in public financing to fund a new stadium. The ownership of the team has a net worth of an estimated $8 to $10 billion.

"There are many serious questions that must be answered before this legislation should pass," said former City Council Chair Henry Kinch.

"Frankly, I am puzzled by this effort by the mayor's two biggest supporters on the city council to ram through a resolution before the taxpayers of Pawtucket get their first chance locally on 9/26 at Tolman High School to publicly comment and ask questions," said Kinch, who supports the PawSox remaining in Pawtucket, but opposes the funding structure that puts much of the burden on Pawtucket taxpayers.

"Fortunately,  the other members of the city council see the wisdom of getting as much information as possible before acting."

"The votes simply weren't there, that's why it was pulled."

"Shame on Mr. Vitali and Ms. Cano for not showing more respect for the taxpayers of Pawtucket." 

Warning Issued

Frank Shafroth, a columnist for Governing and Director of the Center for State and Local Government Leadership at George Mason University writes about a similar baseball stadium warning in Northern, Virginia and issue a warning., "Under the terms of the deal, the county would borrow money to build the ballpark. It would own the stadium and lease it to the team, which would repay the industrial development bond the county issued. But the study suggested that it would be “challenging for the team to generate the projected revenues in a ballpark built to their proposed budget.”

"Issuing a bond raises several critical issues. One is whether to put the bond deal to voters. While the board does not legally have to do so with an industrial development bond, most jurisdictions do it anyway since, should the team default on its payments, taxpayers would be responsible for the debt," writes Shafroth in Governing magazine.

"Baseball stadiums are often undertaken to rejuvenate decaying urban areas, but in Northern Virginia, the closer-in jurisdictions do not have an area where a stadium would act as an effective economic stimulus. Given the challenges in the closer jurisdictions in finding available land to build schools, provide recreational space (parks and trails), and maintain space for the less sexy government requirements like parking buses and the staging of construction material to support capital projects, the efforts to build a stadium would likely lead to a shutout."  

 


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