And as economists have been screaming at us for years, even if the stadium somehow were to generate the revenue to pay off bonds, it would come *AT THE EXPENSE OF* the rest of the region.
I.e., it would leech spending (and tax revenue) from elsewhere.
10.04.2025 23:54 β π 8 π 1 π¬ 0 π 0
As we know, these projections (courtesy of the teams) are always outlandishly overestimated to justify public subsidy. They never generate anywhere close to what they guarantee. (Remember when Gateway promised 28,000 jobs for Jacobs Field and Gund Arena???)
10.04.2025 23:54 β π 6 π 0 π¬ 1 π 0
The team is merely saying the stadium and surrounding new development will generate sufficient tax revenue to make the state's "investment" worth it.
10.04.2025 23:53 β π 5 π 0 π¬ 1 π 0
FYI: The $600 million in state-backed bonds for Browns stadium in Brook Park (which will cost Ohio taxpayers $1 billion+ after interest) will not be *repaid* by Browns in the way that you or I repay a loan.
10.04.2025 23:53 β π 26 π 3 π¬ 1 π 0
Tanmay Shah seeks Cleveland City Council seat in new Ward 12
Shah will take on incumbent Danny Kelly and challenger Andrew DeFratis.
Tanmay Shah, an Indian immigrant attorney and organizer, is running for Cleveland City Council in the new Ward 12.
It's the most explicitly leftist campaign to date in 2025. www.axios.com/local/clevel...
18.03.2025 16:35 β π 15 π 2 π¬ 0 π 0
Austin Davis launches city council campaign on Cleveland's near west side
The mayoral policy advisor looks to claim the open seat to be vacated by Kerry McCormack.
Austin Davis, a policy advisor to Mayor Justin Bibb, has announced his candidacy for Cleveland City Council in the new Ward 7 (the seat to be vacated by Kerry McCormack). www.axios.com/local/clevel...
04.03.2025 15:52 β π 9 π 2 π¬ 0 π 0
25-3: Iron Flame, by Rebecca Yarros
17.02.2025 23:31 β π 3 π 0 π¬ 0 π 0
25-2: The Incendiaries, by R.O. Kwon
09.02.2025 15:13 β π 2 π 0 π¬ 0 π 0
Cleveland Public Library director tells staffers not to intervene in ICE arrests
The library is taking proactive action, leadership says.
Cleveland Public Library CEO Felton Thomas sent memo to staff instructing them not to intervene in ICE arrests at local branches.
Actions "could be viewed as obstruction of justice or harboring an undocumented immigrant, both of which are serious criminal offenses."
www.axios.com/local/clevel...
31.01.2025 15:06 β π 4 π 0 π¬ 1 π 6
Just got this tip from an airline pilot
30.01.2025 15:01 β π 15222 π 5108 π¬ 329 π 763
Pay dirt alert. Insane trove of Redwall titles at the Little Free Library at Franklin and W. 65th.
27.01.2025 17:03 β π 5 π 0 π¬ 0 π 0
Cleveland to open temporary homeless shelter as subzero temps loom
The seasonal shelter at a Kinsman Road church is the first of the year.
Cleveland will open its first seasonal shelter of the year Sunday. Next week's forecast and public pressure from NEOCH accelerated plans. www.axios.com/local/clevel...
17.01.2025 22:27 β π 7 π 1 π¬ 0 π 0
Cleveland-Cliffs could rename, relocate if it acquires U.S. Steel
CEO said he would move the headquarters to Pittsburgh if U.S. Steel acquisition goes through.
There is only one Fortune 500 company with "Cleveland" in its name, but that could change if Cleveland-Cliffs' bid for U.S. Steel is successful. www.axios.com/local/clevel...
15.01.2025 16:00 β π 3 π 0 π¬ 0 π 0
Ronayne still opposes Brook Park stadium after Browns meeting
The county executive says won't devote public resources to the project.
Cuyahoga County Exec Chris Ronayne met w/ Jimmy Haslam + Browns leaders Monday and reaffirmed preference that stadium remain on lakefront.
When I asked him if he could envision scenario where county dollars go to Brook Park, he said, "not at this time." www.axios.com/local/clevel...
08.01.2025 17:02 β π 6 π 0 π¬ 0 π 0
Who says no? #NBA #JimmyButler #Heat #Suns #Pistons
07.01.2025 17:06 β π 2 π 0 π¬ 2 π 0
Cleveland City Council has voted to pass the new ward map introduced last month (reducing council from 17 seats to 15, in accordance w/ charter).
Councilwoman Rebecca Maurer and Councilman Brian Kazy vote No.
07.01.2025 01:01 β π 1 π 0 π¬ 1 π 1
24-20: The Message, by Ta-Nehisi Coates
01.01.2025 22:12 β π 3 π 0 π¬ 0 π 0
Situation is similar in Cleveland. Obvious explanation that nevertheless is lost on the media personalities / podcast hosts talking about rule changes, uniform aesthetics and attributes of European vs. American stars.
18.12.2024 14:22 β π 3 π 1 π¬ 1 π 0
If Haslams were to get the full subsidy, then cough up $50 million for existing stadium demo or lakefront development... that would net them $1.15 billion.
Remember, they are making this sacrifice out of the goodness of their hearts. They are our PARTNERS.
16.12.2024 19:27 β π 10 π 0 π¬ 1 π 0
Everyone should be cackling at notion that the Haslams β currently seeking $1.2 billion in public subsidies to move from an existing publicly funded facility to an even gaudier one β "won't respond to extortion." neo-trans.blog/2024/12/15/a...
16.12.2024 19:25 β π 23 π 5 π¬ 1 π 2
24-19: Small Things Like These, by Claire Keegan
14.12.2024 18:33 β π 3 π 0 π¬ 0 π 0
24-18: The Hundred Yearsβ War on Palestine, by Rashid Khalidi.
14.12.2024 18:07 β π 6 π 1 π¬ 0 π 0
Gateway returns to the public trough for stadium repairs
City and county OK $40 million to cover sin tax shortfall.
Cleveland City Council's huffing and puffing but ultimately voting in favor of a $20 million handout for stadium repairs reminded me of a similar vote in 2020, when they OK'd a 60-year TIF for the Flats East Bank project.
05.12.2024 15:53 β π 6 π 0 π¬ 1 π 0
π₯Ίπ₯Ίπ₯Ί
04.12.2024 16:21 β π 2 π 0 π¬ 0 π 0
How to land a spot in Taco Bell's Super Bowl ad
Select drive-thrus are hosting pop-up photo booths.
A Taco Bell in Middleburg Heights is one of five locations nationwide where drive-thru customers can pose for photos and earn a spot in the chain's upcoming Super Bowl commercial.
03.12.2024 16:32 β π 4 π 1 π¬ 0 π 0
A fire station could be the solution at controversial CVS site
The site at Madison and West Boulevard has been vacant for nearly three years.
The city is working to move Fire Station No. 23 to the former CVS site at Madison and West Boulevard, which would put an end to a controversial gas station proposal.
03.12.2024 14:18 β π 9 π 1 π¬ 1 π 0
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