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Hochul commits $600M in taxpayer funds for new Buffalo Bills stadium
The Hill ^ | 3/28/2022 | MONIQUE BEALS

Posted on 03/29/2022 5:58:14 AM PDT by 1Old Pro

As part of the agreement between New York state, Erie County and the NFL's Buffalo Bills franchise, Hochul advanced a $600 million proposal from the state budget. Erie County will provide $250 million and the NFL and Bills will provide a combined $550 million to build a $1.4 billion new stadium, the governor's announcement said.

the project will create 10,000 union jobs and New Yorkers can rest assured that their investment will be recouped by the economic activity the team generates," she added.

The $850 million in pledged taxpayer money is the largest public contribution toward any NFL stadium.

(Excerpt) Read more at thehill.com ...


TOPICS: Business/Economy; Crime/Corruption; Government; News/Current Events
KEYWORDS: biggovernment
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To: mewzilla

Bad for erie county. Just like the auditorium in downtown Albany plagued the Albany County taxpayers for DECADES. Even when it turned “profitable” it never can close to being a decent investment. These things are White elephants, I hope Hochul loses over this travesty of budgeting peoples moneys.


41 posted on 03/31/2022 6:15:31 AM PDT by 1Old Pro
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To: 1Old Pro
Update...

Bills stadium deal creates sticking point in state budget

42 posted on 04/02/2022 9:22:06 AM PDT by mewzilla (We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
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To: JesusIsLord

Buffalo is a short drive from Toronto, a far more attractive market. Unless the Canadian Football League has a way of blocking the NFL from entering Canada, the new stadium may be a way of keeping the team in New York.


43 posted on 04/02/2022 9:25:48 AM PDT by Wallace T.
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To: mewzilla
Brisport said he thinks the stadium money should go to things like childcare, health insurance and education.

How about property tax relief?

44 posted on 04/02/2022 10:01:14 AM PDT by 1Old Pro
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To: 1Old Pro

Related update...

https://pix11.com/news/politics/bail-reform-dangerousness-clause-holding-up-nys-budget-lawmaker/

Reportedly, it’s also funding for the NFL’s billion dollar boondoggle.


45 posted on 04/05/2022 4:03:02 AM PDT by mewzilla (We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
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To: 1Old Pro

Update...

https://www.news10.com/news/still-no-finalized-nys-budget/

What a coinkydink.


46 posted on 04/07/2022 3:10:57 AM PDT by mewzilla (We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
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To: 1Old Pro

Still more...

https://wnyt.com/politics/new-state-budget-new-york-may-surpass-220-billion-dollars/6438757/


47 posted on 04/07/2022 3:31:54 AM PDT by mewzilla (We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
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To: 1Old Pro
Update...

Lawmakers reach agreement on NYS budget, says Hochul

Note that funding for the stadium isn't mentioned...

48 posted on 04/08/2022 3:42:47 AM PDT by mewzilla (We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
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To: mewzilla
Mentioned here, though...

Conceptual state budget deal includes Bills stadium money, Hochul says

Conceptual...

🤣🤣🤣🤣

49 posted on 04/08/2022 3:44:47 AM PDT by mewzilla (We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
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To: mewzilla

It passed, more government political corruption as pols use my money for their personal gain.


50 posted on 04/08/2022 5:40:38 AM PDT by 1Old Pro
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To: 1Old Pro
Now Syracuse is getting in on the act...

Syracuse University requests $20M for new seats, event center and more at Carrier Dome

Whee! Free money!

51 posted on 04/09/2022 3:21:35 AM PDT by mewzilla (We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
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To: mewzilla
That didn't take long. Free money update!

$20 million approved for Syracuse University Carrier Dome renovations

52 posted on 04/10/2022 5:50:43 AM PDT by mewzilla (We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
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To: 1Old Pro
Meanwhile, from the city of Buffalo...

Buffalo Mayor Byron Brown proposes 5 percent property tax hike

Bills get a free stadium, and taxpayers get screwed.

53 posted on 05/01/2022 5:10:30 AM PDT by mewzilla (We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
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To: 1Old Pro

Crazy. Although Buffalo has nothing else. The liberals around Massachusetts dislike Robert Craft (billionaire, friends with trump, gets away with getting handles from Asian prostitutes, etc.)

But he built the Pats into a multi-billion dollar franchise without public money. All private. A few years ago he caught some crap because the state was going to spend a few million to build a pedestrian bridge over the main road that leads to the stadium. The beautiful people were up in arms saying a billionaire should not get that money. Meanwhile that year he donated over $50 million to Massachusetts hospitals. Also, the taxes generated for the state by his empire is in the hundreds of millions. They’ll take that money all day. But have the highway department build a bridge?! No way!


54 posted on 05/01/2022 5:20:00 AM PDT by strider44
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To: Wallace T.

That was my first thought, too. There was talk some time ago about a Toronto franchise and Buffalo was up in arms about it.


55 posted on 05/01/2022 5:33:16 AM PDT by x
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To: 1Old Pro
OMG, it gets worse...

Play Fair CBA Coalition asks for $500 million in community investment as Bills stadium deal deadline looms

56 posted on 10/14/2022 5:21:53 AM PDT by mewzilla (We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
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To: mewzilla
And from the blind squirrel file, UK division...

The Bills are getting a $1.4bn stadium, but taxpayers will pick up the tab Highmark Stadium The Bills are becoming a case study in how property deals get struck between power brokers and politicians, laying bare the question of what, if anything, a team owes its community

57 posted on 10/14/2022 5:23:39 AM PDT by mewzilla (We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
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To: x

Interesting that a lot of Buffalo’s fan base lives in Canada, and won’t be subject to the taxes.


58 posted on 10/14/2022 5:26:53 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: mewzilla

Governments are awash in money and taxing/borrowing power.

We should go to a 10% flat tax and reign government spending in as well as enforce balanced budgets.


59 posted on 10/14/2022 5:59:18 AM PDT by 1Old Pro
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To: 1Old Pro
Update...

Environmental study for Bills stadium set to get greenlight

My, that was quick, wasn't it...

60 posted on 10/20/2022 4:41:39 AM PDT by mewzilla (We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
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