Miami voters are one step closer this morning to getting the chance to weigh in on whether their tax dollars should go toward another big-ticket stadium project. Miami-Dade Mayor Carlos Giminez announced that the city and the Miami Dolphins have agreed on a basic "framework" for a deal that would use county funds to help cover part of the cost of a Sun Life Stadium renovation.
"I think we have a framework for an agreement," Gimenez told the Miami Herald this morning. The County Commission could vote Wednesday on whether to give voters a chance to give the deal a thumbs-up or down.
Gimenez declined to talk about the specifics of the deal, so there's no news yet if whether the agreement would include an escape clause for Dade in the event the team is NOT awarded a Super Bowl by the NFL in May.
Miami and Santa Clara, California are the two finalist to score Super Bowl L, with the loser becoming a finalist for Super Bowl LI against Houston, Texas.
But the deal would likely revolve around a one-percent increase in hotel bed taxes, which the Florida legislature would have to OK.
"There's still one or two items to be resolved," Gimenez tells the Miami Herald.
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The club and the city reportedly pulled an all-nighter Sunday working out the details, and are still sorting out pieces of the package as of this morning. Gimenez says he hopes to present a proposal to the County Commission by the end of the day.
Once the Commission reviews said presentation, they must OK holding a referendum on May 14th where Miami-Dade voters would get their say. This seems likely, since the commission already gave the idea of a renovation project a thumbs-up in January.
We'll update this post as more details become available.