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Wow! I like this better than the Carmel estate!
Nice to see that local taxpayers’ covering (ongoing) costs of his football stadium afforded Irsay a little luxury.
Most of CIB’s revenue is from excise taxes on hotel rooms, rental cars, and meals consumed downtown – much of which is from people outside of the Indy area.
IIRC Marion and the donut counties are all paying increased food/beverage taxes for not only Lucas Oil Stadium, but also the yet-to-be-paid-off Hoosier Dome …
Joe is correct. It’s no longer just hotel and rental car taxes but also a food and beverage tax that all diners (including residents) pay. Also, the food & beverage tax was expanded to the donut counties to pay for LOS except for Morgan County, which elected not to participate.
They also sold the land at 1430 W 116th St for $3.75 million and some vacant land off Hoover Rd in Carmel for a few million.
It’s not breaking news when I read about it in the Wall Street Journal yesterday.
Meaning 8/27
I guess the big questions is was public money used for illicit drug transactions that fed Irsay’s addictions and death…Curious if there will be an investigation??
Clark – you win the award for worst comment year to date.