Proposition A would have introduced five taxes to help pay off $700 million in bonds committed to the arena.
The rejected measure would have taxed rental cars, parking, hotels and tickets to help fund Plano’s $700 million share of the project. The vote is a funding setback, but it does not end the Stars’ plans to move to the suburb.
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@SBJPlano voters rejected financing for the Dallas Stars’ planned $1B arena, a setback for the project’s funding but not a fatal blow to the team’s plans to move to the suburb. Proposition A would have introduced five taxes to help pay off $700M in bonds committed to the arena, per @dallasnews. MORE:
@FOSThe Stars' plans for a $3 billion arena in Plano have hit a roadblock. Plano voters rejected a proposition that would have created several taxes—including on rental cars, parking, hotels, and tickets—to fund the city’s $700M share of the project. https://frontofficesports.com/article/dallas-stars-3b-arena-plan-hits-roadblock-after-plano-vote/?utm_source=TWITTER&utm_medium=Article&utm_campaign=Editorial@SBJPlano voters rejected financing for the Dallas Stars’ planned $1B arena, a setback for the project’s funding but not a fatal blow to the team’s plans to move to the suburb. Proposition A would have introduced five taxes to help pay off $700M in bonds committed to the arena, per @dallasnews. MORE:@FOSThe Stars' plans for a $3 billion arena in Plano have hit a roadblock. Plano voters rejected a proposition that would have created several taxes—including on rental cars, parking, hotels, and tickets—to fund the city’s $700M share of the project. https://frontofficesports.com/article/dallas-stars-3b-arena-plan-hits-roadblock-after-plano-vote/?utm_source=TWITTER&utm_medium=Article&utm_campaign=Editorial@SBJPlano voters rejected financing for the Dallas Stars’ planned $1B arena, a setback for the project’s funding but not a fatal blow to the team’s plans to move to the suburb. Proposition A would have introduced five taxes to help pay off $700M in bonds committed to the arena, per @dallasnews. MORE:@FOSThe Stars' plans for a $3 billion arena in Plano have hit a roadblock. Plano voters rejected a proposition that would have created several taxes—including on rental cars, parking, hotels, and tickets—to fund the city’s $700M share of the project. https://frontofficesports.com/article/dallas-stars-3b-arena-plan-hits-roadblock-after-plano-vote/?utm_source=TWITTER&utm_medium=Article&utm_campaign=Editorial@SBJPlano voters rejected financing for the Dallas Stars’ planned $1B arena, a setback for the project’s funding but not a fatal blow to the team’s plans to move to the suburb. Proposition A would have introduced five taxes to help pay off $700M in bonds committed to the arena, per @dallasnews. MORE:@FOSThe Stars' plans for a $3 billion arena in Plano have hit a roadblock. Plano voters rejected a proposition that would have created several taxes—including on rental cars, parking, hotels, and tickets—to fund the city’s $700M share of the project. https://frontofficesports.com/article/dallas-stars-3b-arena-plan-hits-roadblock-after-plano-vote/?utm_source=TWITTER&utm_medium=Article&utm_campaign=Editorial
