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Madison City advances first readings for Toyota Field expansion, lodging-tax code changes amid public concern
Summary
The Madison City Council moved forward with first readings of ordinances to amend the lodging-tax code and to adopt an amended lease and management agreement with BallCorp for a proposed left-field expansion at Toyota Field.
The Madison City Council on Monday moved forward with first readings of two ordinances that would reshape how future lodging-tax revenue and a management agreement with BallCorp LLC would support a proposed left-field addition at Toyota Field.
The ordinances — one to amend the city lodging-tax code and another to adopt an amended and restated lease, license and management agreement with BallCorp — were introduced at the council meeting and described by legal staff as steps to document the council’s intentions for dedicating certain lodging-tax proceeds and for structuring collaboration on a roughly $30 million left-field project.
The measures matter because lodging taxes, which the council raised in 2017, are already pledged in part to venue-related debt and to interchange improvements in the Town Madison area.…
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