Reno City Council votes to move forward with Aces refinancing plan

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Updated: 10/25/2012 1:05 pm
Reno, Nev (KRNV & MyNews4.com) -- The Reno City Council voted 4-3 Wednesday night to move forward with a refinancing plan for the Aces baseball stadium.

Councilmembers Jessica Sferrazza, Dwight Dortch, and Sharon Zadra voted no. 

The plan calls for a 30-year, $1 million dollar yearly payment from the city general fund.

Councilwoman Jessica Sferrazza said during the meeting that the city council made a promise to the public several years ago, that general fund money would not be used for the baseball stadium.

On the other side of the argument, Councilman Dave Aiazzi questioned what would happen if the owners of the Aces team were to leave Reno. There are concerns the baseball franchise could leave the city if a refinancing deal is not agreed upon.

Mayor Bob Cashell was the key fourth vote Wednesday night. He called into the meeting from home where he is recovering from heart surgery.

A final vote is expected on November 7.

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nubgnngs42 - 10/25/2012 12:24 PM
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Have Major, how about some money for the homeless that live off the street and survive just north of the stadium? Or don't they give you any money to stay in office?

valleymike - 10/25/2012 8:03 AM
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Promises, Promises, Promises. Promised that the citizens of Reno would not get tagged for the cost. Promised that the Ball Club would pay its way. Promised that the Ball Park would revitalize downtown. And now we are promised with 30 one million payments. And who is benefitng????
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