Mich. Senate OKs bill to help build Red Wings home

Associated Press  |  Last updated December 05, 2012
The Michigan Senate approved legislation Wednesday to help finance a downtown Detroit project that would include a new home for the NHL's Detroit Red Wings. Team owner Mike Ilitch this week announced plans for a $650 million multiuse development, which would include an events center where Red Wings games could be held. He has said for years he'd like a new arena for the team, which now plays at the aging Joe Louis Arena. The bill approved by the Senate would allow use of tax dollars collected by the city's Downtown Development Authority for the project. DDAs capture shares of local tax revenue to support development activities such as marketing and buying property. Senate Democratic leader Gretchen Whitmer opposed the measure as a drain on funding for Detroit's public schools. The city's DDA has been allowed for nearly two decades to pay down general obligation bonds with about $12.8 million a year that otherwise would have gone to education, she said. Now that those bonds are paid off, the bill would tap that same revenue stream for Ilitch's project instead of finally steering the money back to education. ''This is a direct subsidy by school kids to allow a billionaire to build a hockey arena,'' Whitmer said. ''That's the Republican agenda we all know and love. ... It makes me sick. I hear my colleagues say, `Oh, this is for Detroit and we're all in favor of Detroit now,' because one billionaire called you.''' Senate Majority Leader Randy Richardville said the Ilitch project would be an economic boon for Detroit and Michigan, pumping more than $1.9 million into the economy and creating about 8,300 construction jobs. The bill was approved on a 27-11 vote and returned to the House. To take effect, it must be enacted before the 2011-12 session ends this month.
GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Eddie Lacy defends Mike McCarthy for weight loss comments

Red Sox nearly had serious catcher emergency in loss to Tigers

Ohio State DL Dylan Thompson ineligible for season

Roger Federer will miss Olympics, U.S. Open with knee injury

Seahawks extend Pete Carroll through 2019

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

LSU kicker Colby Delahoussaye releases first statement following car crash

Report: Brock Osweiler could have made more money staying with Broncos

Andrew Luck: Feels `as good as I've ever felt` for training camp

Amar'e Stoudemire announces retirement after signing one-day contract with Knicks

Report: Gregory failed multiple drug tests since suspension

Olympian Abby Johnston: Worst thing about Olympic village is no Pokemon

WATCH: Inside the Nike SNKRS BOX in SF for Golden Air Celebration

Report: Paul Pierce to return to Clippers

Jimbo Fisher: You come to FSU to win national championships

Andre Johnson worked out for Tennessee Titans

Shattenkirk for Krejci trade rumor still floating around

NHL Commissioner Gary Bettman denies link to C.T.E.

Michael Vick: Cam Newton can’t beat me in 40-yard dash

WATCH: Five other uniforms Chris Sale should cut up

Odell Beckham Jr. says Giants will play in Super Bowl LI

Iowa researchers say they can optimize Monday Night Football ratings with scheduling

Terrelle Pryor can visit Ohio State as five-year ban comes to a close

Rudy Gay admits to having ‘no idea’ about what the Kings are doing

All Sports News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

WATCH: Inside the Nike SNKRS BOX in SF for Golden Air Celebration

WATCH: Five other uniforms Chris Sale should cut up

QUIZ: Name every Olympic event in which the USA has never won a gold medal

Five U.S. Olympians favored to win multiple gold medals

WATCH: What teams should join the Big 12?

One Gotta Go: Do NBA players really love NBA2K?

One Gotta Go: NBA players hate Facebook too

One Gotta Go: NBA players settle the fast food beef

One Gotta Go: NBA players make tough choices on their favorite rappers

One Gotta Go: NBA Summer League is not about that Game of Thrones life

Today's Best Stuff
For Publishers
Company Info
Help
Follow Yardbarker