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San Antonio Mayor Gina Ortiz Jones joins "The Source" to discuss whether the city should have its own referendum to commit public funds to Project Marvel, a proposed downtown development that would include a new home for the San Antonio Spurs.
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The non-binding framework explains who will pay for the arena.
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Former County Judge and former San Antonio Mayor Nelson Wolff explains his support for Project Marvel. Wolff is encouraging the San Antonio City Council to move forward with an agreement with the Spurs organization.
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On Thursday the San Antonio City Council will vote on competing paths on Project Marvel. Mayor Jones joined TPR's The Source to explain why she wants the council to wait before agreeing to a term sheet agreement with The Spurs organization.
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Mayor Gina Ortiz Jones has encouraged her colleagues to consider a 'strategic pause' on negotiations with the basketball team until an independent economic impact study and subsequent community engagement is completed.
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San Antonio Mayor Gina Ortiz Jones joins TPR's The Source to discuss Project Marvel and the possibility of hitting pause on the negotiations for a new downtown home for the Spurs and the development of a sports and entertainment district.
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The city council was expected to take two key votes moving Project Marvel forward later this month.
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The Texas Attorney General's Office has to review the venue tax proposal before it can be placed on the ballot.
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Members of the No! Project Marvel Coalition, a group of grassroots San Antonio advocacy organizations, want a new, independent economic impact report to analyze financial impact of the sports and entertainment district project.
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The report includes an estimate that the Spurs arena will generate over $300 million in annual net economic impact. Some councilmembers find the figures encouraging, while others on council and in the community doubt their legitimacy.