State legislators are debating what entities are in charge of taxing stadium and arena projects that are being built in Arizona. FOX 10's Steve Nielsen has the story.
State legislators are debating what entities are in charge of taxing stadium and arena projects that are being built in Arizona. The debate comes on the heels of a decision by the NHL to move the Arizona Coyotes to Utah after team executives were unable to acquire land to build a new stadium district in the Valley.Concerned state senators are saying the bill will only benefit stadium builders."Nobody should be taking our public goods to make a private person profit.
At a hearing for the bill, former business officer of the Coyotes Nick Sakiewicz testified he wants to build a stadium for a Major League Soccer team in Mesa using a theme park district."This bill will help us to generate more income on the property and create a win-win situation for Maricopa County and the state of Arizona," Sakiewicz said.The Coyotes declined to comment on the bill, but whether the team comes back or not should not have a major impact on the state economy.
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