I think it means the State Senate is no longer going to stop the governor from funding the stadiumI'm lost. What does this mean?
I'm sorry dude, but I'm seriously the dumbest person when it comes to stuff like this. I still have no clue what you're talking about lol"Language was removed from the budget for the Office of Administration that would prevent Governor Jay Nixon from authorizing bonds to pay for a new NFL stadium in St. Louis. Senator Ryan Silvey (R-Kansas City) said that's why he and several other lawmakers from both parties who conferred on that bill, didn't sign off on it."
"Apparently the Speaker of the House is not a fan of that language and demanded that it come out," said Silvey. "It was pretty forcefully removed during the debate and as a result, they had a hard time getting the requisite signatures to pass the committee report out."
http://www.ozarksfirst.com/story/d/...use-senate-votes/59432/zeuL2Ocxu0C3EsoefKKhZA
Thanks Broke hahaI think it means the State Senate is no longer going to stop the state from funding the stadium
Could be, but wouldn't you think someone would make a statement about a representative from the Rams being involved in the Inglewood presentation just as easily as the tweet that came out saying that Kroenke was at the Stl Stadiums's presentation?
I'm sorry dude, but I'm seriously the dumbest person when it comes to stuff like this. I still have no clue what you're talking about lol
I cant love this enough!!!
IMO if Stan keeps the Rams here in St Louis, hurt feelings would heal pretty quickly as most would think it was just a leverage thing.I think that Stan K. being at the presentation yesterday seems like a big deal. I know we are all inferring at lot of things, but I will start with the premise, right or wrong, that Kroenke pitched or stood in front of the NFL committee yesterday and backed the Inglewood plan (this has been speculated by some but NOT confirmed). If true, it is tantamount to standing up in front of all of your friends in school and declaring your candidacy for Class President. If he didn't already know before yesterday, after yesterday Stan must have a feeling about the tea leaves and which way this will eventually be decided, right? He's actually a member of this small, select club that will make the decision, not Carson, not the task force and not Inglewood. I can't believe he would risk losing this "contest" in such a colossal, public fashion. To an immensely successful Billionaire like Kroenke, having the committee tell him in front of all the other owners, and the world, that he can't have his fancy playpen and he must go back to St. Louis with his tail between his legs would be like being pantsed in front of the school.
My point is that, in my opinion, Kroenke is probably not going to be leaving this to chance, and be willing to just be surprised like all the rest of us when the NFL makes the announcement in December. Yesterday could very likely have been the tipping point either way, and if so then Stan needs to start backing away slowly beginning now if there is a decent chance that the committee/owners will pick Carson over Inglewood. If he presses the matter further, and then crashes and burns, that would surprise me greatly. Of course, I don't know if there are any other of these types of meetings like the one held yesterday that is scheduled for the future. Maybe this was it, and we just won't hear anything further until the NFL declares something. But Stan needs to start back peddling and initiating face-saving measures now if there is a chance this is going to go south on him. If he continues this pursuit without any sort of public capitulation, it tells me that he is pretty confident that his mission will ultimately be a success.*
* I also recognize that getting a brand spankin' new, almost fully funded football stadium is a pretty sweet consolation prize, and he can always spin the outcome as if that was his ultimate goal the whole time, but after yesterday it doesn't seem like many people will buy it (although I believe all will eventually be forgiven in STL in that case). I should also say that as a SoCal native, while I would enjoy having the Rams once again play in my City, I do not believe that the Rams remotely meet the spirit of the relocation rules and bylaws, and that fairness dictates that they should not be allowed to relocate. Whether fairness actually does play a role in the decision, I am pretty skeptical.
Isiah 58
I must have donned my dunce cap again because, as much as I like this from a conceptual perspective, why is there always a piece of me that thinks....1993.....flood....when I see these renderings of the new stadium 2 feet off the riverfront.
Somebody tell me that possibility has been accounted for.
Legislature backs off banning public funds for new stadium
By Virginia Young
JEFFERSON CITY • Gov. Jay Nixon's push for public funding for a new stadium to keep the Rams in St. Louis survived a test vote of sorts on Thursday. But it's unlikely to be the last word.
The Missouri Senate wanted next year's state budget to include a ban on using state money to pay off bonds for a new sports stadium. Senators attached the ban to the budget for the Office of Administration, the agency that pays out $12 million each year for debt service and maintenance on the Edward Jones Dome in St. Louis.
That idea didn't fly in the House, led by Speaker John Diehl, R-Town and Country and a development attorney. After late-night talks Wednesday between House and Senate budget negotiators, the ban was struck from the state budget headed for final passage.
But that doesn't mean future legislators are obligated to pay for a new stadium, said Sen. Ryan Silvey, R-Kansas City.
"Any contract we enter into has a clause: 'subject to appropriation,'" he said.
A planning team appointed by Nixon has proposed a 64,000-seat, open-air stadium on the Mississippi River, just north of downtown St. Louis. The new stadium would cost nearly $1 billion, with as much as $405 million paid by taxpayers.
Most of the public money would come from extending payments that now go to pay off debt on the Edward Jones Dome. The Nixon administration contends the current stadium bonds could be extended without a vote of the Legislature.
Silvey and Sen. Rob Schaaf, R-St. Joseph, argue that either the Legislature or state voters deserve a say on the new stadium before state dollars are committed.
"In my mind, that's a completely new deal," Silvey said. "The people 20 years ago didn't agree to that deal. You have to come back to the ones who hold the pursestrings and ask us if we will pay for this deal."
Said Schaaf: "We're talking about $500 million that we the people will not be able to spend on, say, classroom teachers."
Silvey said if Nixon goes ahead, bondholders may be taking a risk. Based on a recent attorney general's opinion, the bonds would be "technically a debt of the sports authority, not a debt of the state," Silvey said.
And each year, legislators would decide whether to provide the state's share of the bond payment. With no advance pledge from legislators, payments for a new stadium could be in jeopardy, he said.
"Because of the 'subject to appropriations' clause, were not technically obligated to pay," Silvey said. "This is an issue that will not go away if they move forward" without a legislative or public vote.
http://www.stltoday.com/news/article_c3f3fc17-42ef-5e07-a536-729bb396c419.html#.VTlnaLlTk8g.twitter
Silvey said if Nixon goes ahead, bondholders may be taking a risk. Based on a recent attorney general's opinion, the bonds would be "technically a debt of the sports authority, not a debt of the state," Silvey said.
And each year, legislators would decide whether to provide the state's share of the bond payment. With no advance pledge from legislators, payments for a new stadium could be in jeopardy, he said.
"Because of the 'subject to appropriations' clause, were not technically obligated to pay," Silvey said. "This is an issue that will not go away if they move forward" without a legislative or public vote.
http://www.stltoday.com/news/article_c3f3fc17-42ef-5e07-a536-729bb396c419.html#.VTlnaLlTk8g.twitter
Man I keep looking for the big horn around it and I can't for the life of me see it. Where is it?The stadium looks awesome! I love the horn around it. Let's go!