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Committee forwards Gateway financing record to full council, recommends suspension of second reading
Summary
The Cuyahoga County Committee of the Whole voted March 11 to forward resolution 2025-0096—recording previously approved Gateway notes tied to $20 million county and $20 million city contributions—to full council with a recommendation to suspend second reading.
Council member Turner opened a March 11 Committee of the Whole session by explaining that a fiscal resolution had been pulled so new members could review last year’s approved funding for Progressive Field and Quicken Loans Arena. "Remember, the county agreed to pay 20,000,000, and the city also agreed to pay $20,000,000," Turner said, and asked the Office of Budget and Management to present details about recording the Gateway notes.
Walter of the fiscal department, joined by Bob France of Stifel, told the committee that recording the transaction required resolution 2025-0096, which amends the 2024–2025 biennial operating budget to…
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