State officials are still haggling over where the $600M in state funding will come from.
The Cleveland Browns have a dream that is Brook Park.
The dream includes a domed stadium and a surrounding entertainment district that, in addition to NFL games, would host a variety of other major events, from concerts to tournament games in college basketball and football, pro wrasslin’, and perhaps even a Super Bowl.
All that is needed to make the dream a reality is $1.2 billion in public money, with $600 million of that amount coming from the State of Ohio.
But that state money is turning out to be harder to access than perhaps anyone originally thought.
While everyone at the state level seems properly motivated to provide the requested funding, there are three different ideas of where that $600 million will come from:
In case you are not familiar with the Unclaimed Property Fund, it is made up of money sent to the state by banks, insurance companies, and other businesses after no one has claimed the money for three to five years. Want to see if you have any unclaimed funds? Just visit unclaimedfund.ohio.gov to find out!
So what does this all mean for the Browns? Probably very little, at least for now. The people in control of the state money all seem to be on board with the $600 million figure for the project, they are now down to figuring out which plan will actually be the one in the final budget sent to DeWine.
The governor can always veto any part of the budget he is not fond of, but the House and Senate can override any...