Amanda Seitz interview: Cincinnati in 'no position' to pay for all of FC Cincinnati's $75M stadium ask

6 years ago
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Hamilton County Commissioners tossed the political hot potato of how to pay for FC Cincinnati's $275 million stadium project back to the city. FC Cincinnati's owners are shelling out $200 million to pay for the actual stadium while county commissioners Wednesday offered up a $15 million parking garage or Paul Brown Stadium to the team. The city's leaders, however, have yet to reveal just what they can put toward the $75 million ask. "I'm lost now," said Cincinnati Vice Mayor David Mann. "Were in no position to make up the additional money we had hoped for from the county. I don't know where that leaves things." County commissioners said the city could cover other costs -- new roads, sidewalks or sewers -- that must be built if a soccer stadium is erected in Cincinnati. At a press conference Wednesday, they estimated that could cost another $30 million. "That's up to the city now to figure out what they're willing to do," Hamilton County Commissioner Chris Monzel, a Republican, said. But FC Cincinnati estimates the cost for stadium infrastructure will come with a much bigger price tag of $75 million. That could leave as much as a $60 million funding hole for the project.

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