Daytona’s HOF bid may be in trouble
With the Florida Marlins and Orlando Magic also looking for help with stadium projects, some lawmakers, including Senate President Tom Lee, R-Brandon, have said they are reluctant to spend tax dollars on sports projects. To make the NASCAR project more palatable, King, Patterson and Daytona Beach lobbyist Sam Bell said Thursday they have revamped — and scaled back — their proposal for state funding. Initially, Daytona officials requested that the state commit $75 million over 25 years to help pay for building the hall of fame. Money would come from state sales taxes generated by the hall of fame. A revamped proposal seeks $30 million over 25 years. Also, it calls for creating a NASCAR-themed license tag, with proceeds from the sale of the tag going to the state to pay back the $30 million. Bell, a former Volusia County lawmaker, said the hall of fame initially was expected to cost about $75 million, but that estimate has been reduced to about $60 million. He said the state money would make up half of that amount, with the rest coming from sources such as sponsorships and land donations by the city and county. NASCAR set a May 31 deadline for proposals from areas including Atlanta, Charlotte, N.C., Kansas City, Kan., Richmond, Va., Talladega, Ala., and the state of Michigan. in part from the Daytona Beach News Journal