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5 Alb. Gov't L. Rev. 123 (2012)
Public Financing of Green Cathedrals

handle is hein.journals/aglr5 and id is 127 raw text is: PUBLIC FINANCING OF GREEN CATHEDRALS Jack F. Williams,* Jessica O'Quin, & Joshua Stein*** INTRODUCTION ...........................................124 I. BACKGROUND ................................. .....127 A. Early Financing of Sports Stadiums ....... ........127 B. Modern Precursors of Financing of Sports Stadiums.. 128 II. TYPICAL FINANCIAL STRUCTURE ........................130 A. The Use of Bonds ...................... .....130 B. Property Taxes and PILOTs ............. ......132 C. Sales Tax ........................... .....134 D. Hotel and Rental Car Tax ............... .....135 E. Sin Tax ............................. .....135 F. Business Tax..............................136 G. Miscellaneous Funding Techniques ......... ........136 III. CASE STUDY: THE NEW YANKEE STADIUM .. .............140 A. Background ......................... ......140 B. Fall Out ......................................141 C. New Stadium Financial Structure ..............142 IV. FINANCIAL RISKS.....................................147 CONCLUSION ........................................ .....154 123 * Professor, Georgia State University College of Law and Middle East Institute. Graduate Research Assistant. J.D., Georgia State University 2011. Associate, Mesirow Financial Consulting, LLC. B.S., University of Georgia 2010.

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