Hotel tax increase for renovation of Miami Dolphins stadium hinges on Super Bowl site selection

The Miami Dolphins have asked Miami-Dade County voters to approve a hotel tax increase to help fund roughly half of the planned $400+ million renovations to Sun Life Stadium. The planned referendum is making its way through the Florida Legislature, which must approve the plan before goes to Miami-Dade County voters. The funding plan is contingent upon Miami being chosen by the NFL as a site for a future Super Bowl. If the city is not chosen, the county will be allowed to back out of the deal. The plan also includes a request for a sales tax exemption for Sun Life Stadium.
March 25, 2013
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The Miami Dolphins have asked Miami-Dade County voters to approve a hotel tax increase to help fund roughly half of the planned $400+ million renovations to Sun Life Stadium. The planned referendum is making its way through the Florida Legislature, which must approve the plan before goes to Miami-Dade County voters. The funding plan is contingent upon Miami being chosen by the NFL as a site for a future Super Bowl. If the city is not chosen, the county will be allowed to back out of the deal. The plan also includes a request for a sales tax exemption for Sun Life Stadium.

Renovations to the stadium would include a partial roof to protect fans, but allow the game to be played in the elements. Miami is considered a top contender to host the 50th Super Bowl. The site for that game will be announced in May.

(http://miami.cbslocal.com/2013/03/21/fins-promise-no-vote-on-stadium-plan-without-super-bowl/)

About the Author

Drew Ballensky

Drew Ballensky is general manager of Duro-Last Roofing, Inc.’s central U.S. facility in Iowa and company spokesman for Duro-Last’s cool roofing, sustainability and architectural education programs. He is past-president of the Chemical Fabrics and Film Association and chairman of CFFA’s Vinyl Roofing Division. Drew earned his bachelor’s degree in industrial technology from the University of Northern Iowa and master’s degree in business administration from Florida State University. Drew has over 29 years experience in business and industry in various engineering and managerial capacities. He has worked in the U.S. and Canadian operations for a major international manufacturer of pre-engineered steel buildings, was a financial analyst with a major athletic apparel manufacturer and was an owner of a general contracting company.
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