New Bill Would Allocate 2M to Everbank Field Renovations
Jaguar’s president Mark Lamping says he hopes to provide Jaguar fans with the ultimate game day experience and the passing of a bill that allocates sales tax to a major professional sports team, will help him to accomplish this. The senate is currently reviewing a bill that would provide 2 million dollars in sales tax for a span of 30 years. If the bill is approved, it would mean the Jags could receive and additional sales tax distribution payment of approximately $2 million per year. Lamping says the funds will keep Everbank Field competitive. “One of the most important things we need to do as a franchise and as a city is to make sure that Everbank Field remains well-maintained.”
Section 1 of the bill requires the professional sports team’s facility to make improvements costing at least $80 million dollars. Lamping says the $2 million in state sales tax would be supplementary income used toward stadium renovations. He said, “This bill was never designed to be the sole source of funding to make sure Everbank Field stays up to date and well-maintained. There are two cents from the hotel bed tax. There is a multi-million dollar payment that the Jaguars make each year.”
Lamping believes the renovation will go a long way in attracting the fans to the stadium rather than staying home and watching the game on television. “If we can keep the building up to date, we can provide our fans with an even better game day experience.” His goal is for the infrastructure of the stadium which includes self-service and Wi-Fi service to be state-of-the-art. “We believe it will go a long way to not only attracting fans to Everbank Field but also supporting the city’s goal of bringing more events to Everbank Field.”
The bill is currently under review by the appropriations subcommittee on Finance and Tax.