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2 more counties OK stadium tax.

The Indianapolis Star (Indianapolis, IN)

| June 28, 2005 | COPYRIGHT 2007 The Indianapolis Star. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Jun. 28--The final three suburban Indianapolis counties voted Monday on whether to help pay for a new football stadium for the Indianapolis Colts, as Hamilton and Hendricks counties approved a food-and-beverage tax but Morgan County became the only one to reject it.

Four counties -- Boone, Hancock, Shelby and Johnson -- previously had approved the 1 percent tax, which also will help expand the Indiana Convention Center.

And in Marion County, which already had a 1 percent food-and-beverage tax, the City-County Council has approved doubling that rate to 2 percent.

Hamilton County's estimated revenue from the tax is the greatest of all the suburban counties, at about $2.5 million a year. That county's council approved the tax 6-1 in front of a sparse crowd of about a dozen people, including Colts season ticket holder Larry Cronkleton of Noblesville.

"This is about much more than the Colts,…

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Source: HighBeam Research, 2 more counties OK stadium tax.

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