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North Carolina legislature gives Charlotte green light to divert tax money for stadium

Saints Panthers Football AP

The North Carolina legislature would provide no public money for the effort to upgrade Bank of America Stadium.  But the powers-that-be in Raleigh have opted to allow Charlotte to divert existing taxes to the effort.

The North Carolina Senate voted unanimously, 45-0, to approve the use of existing food and beverage taxes and a hotel occupancy tax for upgrades at the stadium.

The only problem for Charlotte officials is that the revised plan falls short of the money necessary to pay for the upgrades.

Charlotte City Council also has been sued for striking a secret deal with the Panthers regarding the stadium renovation, allegedly in violation of the open meetings laws.

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8 Responses to “North Carolina legislature gives Charlotte green light to divert tax money for stadium”
  1. logicalvoicesays says: Apr 11, 2013 10:14 PM

    The heart/main Redskins fanbase is Deleware to South Carolina. The Panthers might as well be an MLS team. #TheRedskinsareLoved

  2. southcakpanther says: Apr 11, 2013 10:21 PM

    JR won’t move them but a new owner could.

  3. pilot2011 says: Apr 11, 2013 10:56 PM

    If there was a PFT worst poster award, “logical voice” would undoubtedly win in a landslide. What a freaking clown. This dude seriously is a waste of air. You suck pal, I literally have never agreed with one thing you have ever said on this website.

    You’re ignorance makes other Skins fans look stupid. If you really loved your team you would shut the hell up.

  4. thesteelers says: Apr 11, 2013 11:01 PM

    We own the league.

  5. granadafan says: Apr 11, 2013 11:10 PM

    It must be nice to be a multi billionaire. Besides having more money than you could ever spend, you can fleece the taxpayers and government officials into building your work palace.

  6. chaseutley says: Apr 11, 2013 11:22 PM

    What does it divert funds away from?

  7. irishnativeson says: Apr 12, 2013 12:50 AM

    A fortune 500 company, who received billions, that’s billions with a B, in bail out money, and is flush with cash from this stock market bubble, is only paying, what 10 -12 million, with an M… Come on man!!

  8. dallascowboysdishingthereal says: Apr 12, 2013 9:46 PM

    “A fool and his money are soon elected.”
    Will Rogers

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