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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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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.
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The San Antonio Spurs have asked that the City of San Antonio contribute $500 million to the arena's construction.
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The city has held community workshops in every city council district to inform residents about it and gather their feedback.