Admissions tax could help pay for baseball stadium

first_imgWhile a formal proposal has yet to be submitted to Clark County commissioners on building a $23 million stadium at Clark College, one scenario would involve a 70-30 public-private split.On May 13, owners of the Yakima Bears said they wanted to move the Class A baseball team to Vancouver.Under the scenario, the owners would put up 30 percent of capital costs, then pay for ongoing maintenance and operations of the multiuse facility. The proposed 3,500-seat facility would be used by Clark College teams, Little League squads and be available for other community events when not being used 38 nights a year for the Bears.Ron Arp, a project adviser for Identity Clark County who has been hired by Short Season, LLC — the company that owns and operates the Bears, an affiliate of the Arizona Diamondbacks — said Monday that details are still being worked out.The most likely proposal, he said, would be that commissioners are asked to issue general obligation bonds to finance 70 percent of the capital costs.The bonds would be repaid using revenue from an admissions tax, which adds 5 percent to the cost of entertainment tickets, including movies.Five counties in the state (Franklin, Grant, King, Kitsap and Snohomish) have admission taxes; 51 cities, ranging in size from Seattle to Omak, have enacted the tax.last_img

Leave a Reply

Your email address will not be published. Required fields are marked *