Senate Finance Committee to hold State House hearing on PawSox stadium Tuesday

STATE HOUSE — The Senate Finance Committee will meet Tuesday to continue its review of legislation to provide public support for a new stadium for the Pawtucket Red Sox.

The committee is scheduled to meet Tuesday, Oct. 24, at 6 p.m. in Room 313 on the third floor of the State House.

The committee will hear testimony on a resolution (2017-S 0989), introduced by Senate Finance Committee Chairman William J. Conley Jr. (D-Dist. 18, East Providence, Pawtucket) that would authorize the state to enter into lease and financing agreements in connection with a ballpark.

The committee will also hear testimony on a bill (2017-S 0990) introduced by Chairman Conley that would permit redevelopment agencies to finance the construction of projects for residential, recreational, commercial, industrial, institutional, public or other purposes contemplated by a redevelopment plan.

This is the seventh of several hearings scheduled on the proposal. There will be no public comment taken at this meeting. It will consist of testimony from — and inquiry of — parties the committee has asked to testify, including the Department of Administration, Division of Capital Asset Management and Maintenance, and the Department of Revenue, Division of Municipal Finance.

The hearing will be broadcast live on Capitol TV (Cox HD 1013, Cox and Full Channel 15, Verizon Fios 34).

Senate Finance Committee receives PawSox financial, attendance data

STATE HOUSE, Providence – Following repeated requests by Senate Finance Committee Chairman William J. Conley, Jr. and members of the Finance Committee, the Pawtucket Red Sox today provided additional financial and attendance data required as part of the vetting process.

“We have been asking for financial and attendance data about the team since before our series of hearings began, and several times over the course of the public hearing process,” said Chairman Conley (D – Dist. 18, East Providence, Pawtucket). “The committee has an obligation to assess the financial strength of the team before entering into a public-private stadium partnership.”

He added: “The information provided today appears to address some of the questions committee members have been asking. However, additional follow-up will be necessary. We look forward to continued cooperation by the team to enable the Committee’s full and transparent vetting of the proposal.”

The submitted documents include minor league ballpark attendance trends, International League attendance data, revenue and expense information, a recent consolidated balance sheet and supporting documentation, letters of good standing from Minor League Baseball and an independent auditor, and a construction cost comparison.

All documents have been uploaded to the committee’s website, www.PawSoxHearings.com. (Here)

The committee’s next hearing, its sixth in the series of hearings, is scheduled for tomorrow, Thursday, Oct. 19, from 5 p.m. to 9 p.m. in the Bello Center Grand Hall at Bryant University, 1150 Douglas Pike, Smithfield.

The meeting will consist of testimony from parties the committee has asked to testify: The Department of Administration’s Division of Capital Asset Management and Maintenance and the Department of Revenue’s Office of Revenue Analysis. There will also be follow-up testimony by Brailsford and Dunlavey, the consulting firm that conducted an economic impact study on the stadium proposal at the request of the City of Pawtucket and the team.

Public testimony will follow. Due to time constraints associated with the venue, the hearing is limited to four hours. Sign-in for the public comment portion of the hearing will begin at 4:30 p.m. in Bello Center Grand Hall. Public parking will be available at Parking Lot C on the Bryant University campus. Attendees should use the campus main entrance and follow the signs.

Public testimony will be taken in the order that individuals sign up. Speaking time will be allocated equally and will be dependent upon the number of individuals signed up to speak. In recognition of this, the submission of written testimony is encouraged, either at the committee’s designated website (www.pawsoxhearings.com) or in person at the hearing. Those submitting written testimony at the hearing are asked to bring 20 copies for the committee.

The hearing will be streamed live on the General Assembly’s website (rilegislature.gov), and will air on Capitol TV (Cox HD 1013, Cox and Full Channel 15, Verizon Fios 34) the following day.

The seventh hearing will take place on Tuesday, October 24, at 6 p.m. in Room 313 of the State House.

Senate Finance Committee to hold PawSox stadium hearing at Bryant University Thursday

STATE HOUSE — The Senate Finance Committee will meet Thursday at Bryant University in Smithfield to continue its review of legislation to provide public support for a new stadium for the Pawtucket Red Sox.

The committee is scheduled to meet Thursday, Oct. 19, from 5 p.m. to 9 p.m. in the Bello Center Grand Hall at Bryant University, 1150 Douglas Pike, Smithfield.

The committee will hear testimony on a resolution (2017-S 0989), introduced by Senate Finance Committee Chairman William J. Conley Jr. (D-Dist. 18, East Providence, Pawtucket) that would authorize the state to enter into lease and financing agreements in connection with a ballpark.

The committee will also hear testimony on a bill (2017-S 0990) introduced by Chairman Conley that would permit redevelopment agencies to finance the construction of projects for residential, recreational, commercial, industrial, institutional, public or other purposes contemplated by a redevelopment plan.

This is the sixth of several hearings scheduled on the proposal. Chairman Conley will begin the meeting by providing a brief overview of the committee’s remaining hearing process.

From 5 p.m. to 7 p.m., the meeting will consist of testimony from parties the committee has asked to testify: The Department of Administration’s Division of Capital Asset Management and Maintenance and the Department of Revenue’s Office of Revenue Analysis. There will also be follow-up testimony by Brailsford and Dunlavey, the consulting firm that conducted an economic impact study on the stadium proposal at the request of the City of Pawtucket and the team.

Public testimony will be taken from 7 p.m. to 9 p.m. Due to time constraints associated with the venue, the hearing is limited to four hours. Sign-in for the public comment portion of the hearing will begin at 4:30 p.m. in Bello Center Grand Hall. Public parking will be available at Parking Lot C on the Bryant University campus. Attendees should use the campus main entrance and follow the signs.

Public testimony will be taken in the order that individuals sign up. Speaking time will be allocated equally and will be dependent upon the number of individuals signed up to speak. In recognition of this, the submission of written testimony is encouraged, either at the committee’s designated website (www.pawsoxhearings.com) or in person at the hearing. Those submitting written testimony at the hearing are asked to bring 20 copies for the committee.

The hearing will be streamed live on the General Assembly’s website (rilegislature.gov), and will air on Capitol TV (Cox HD 1013, Cox and Full Channel 15, Verizon Fios 34) the following day.

Senate Finance to hold 4th, 5th PawSox stadium hearings at New England Tech, Roger Williams University

STATE HOUSE — The Senate Finance Committee will meet Wednesday and Thursday at New England Tech and Roger Williams University, respectively, to continue its review of legislation that would provide public support for a new stadium for the Pawtucket Red Sox.

The committee is scheduled to meet Wednesday, Oct. 11, from 6 to 10 p.m. in the Media Presentation Theatre at New England Institute of Technology, 1 New England Tech Blvd. in East Greenwich.

The committee will hear testimony on a resolution (2017-S 0989), introduced by Senate Finance Committee Chairman William J. Conley Jr. (D-Dist. 18, East Providence, Pawtucket) that would authorize the state to enter into lease and financing agreements in connection with a ballpark.

The committee will also hear testimony on a bill (2017-S 0990) introduced by Chairman Conley that would permit redevelopment agencies to finance the construction of projects for residential, recreational, commercial, industrial, institutional, public, or other purposes contemplated by a redevelopment plan.

Several officials have been invited to testify, including General Treasurer Seth Magaziner, and representatives from the Public Resources Advisory Group, CommerceRI, the Department of Environmental Management, Sage Environmental and the Rhode Island Infrastructure Bank. This will be followed by public comment.

The committee is also scheduled to meet Thursday, Oct. 12, from 6 to 10 p.m. in Room 283 at Roger Williams University School of Law, 10 Metacom Ave., in Bristol.

Officials who have been invited to testify include Peregrine Group, LLC, the Pawtucket Redevelopment Authority and the Division of Municipal Finance of the Rhode Island Department of Revenue.

These are the fourth and fifth of several hearings scheduled on the proposal. Chairman Conley will begin each meeting by providing a brief overview of the committee’s remaining hearing process.

Due to time constraints associated with these venues, these hearings are limited to four hours each. Public testimony will be taken in the order that individuals sign up. Speaking time will be allocated equally and will be dependent upon the number of individuals signed up to speak. In recognition of this, the submission of written testimony is encouraged, either at the Committee's designated website (www.pawsoxhearings.com) or in person at the hearing. Those submitting written testimony at the hearing are asked to bring 20 copies for the committee.

Sign-in for public comment at Wednesday’s hearing will begin at 5:30 p.m. in the Media Presentation Theatre. Public Parking will be available at the New England Institute of Technology, East Greenwich Campus parking lots, except for posted reserved spaces. Sign-in for the public comment portion of Thursday’s hearing will begin at 5:30 p.m. in Room 283. Public Parking will be available at the north campus parking lots (use north entrance on Metacom Avenue and follow signage).

The hearings will be streamed live on the General Assembly’s website (rilegislature.gov), and will air on Capitol TV (Cox HD 1013, Cox and Full Channel 15, Verizon Fios 34) the following day.

Senate Finance Committee to hold third PawSox stadium hearing at URI’s Swan Hall auditorium

STATE HOUSE — The Senate Finance Committee will meet Tuesday at the University of Rhode Island to continue its review of legislation that would provide public support for a new stadium for the Pawtucket Red Sox.

The committee is scheduled to meet Tuesday, Oct. 3, from 6 to 10 p.m. in the auditorium at Swan Hall, 60 Upper College Road in Kingston.

The committee will hear testimony on a resolution (2017-S 0989), introduced by Senate Finance Committee Chairman William J. Conley Jr. (D-Dist. 18, East Providence, Pawtucket) that would authorize the state to enter into lease and financing agreements in connection with a ballpark.

The committee will also hear testimony on a bill (2017-S 0990) introduced by Chairman Conley that would permit redevelopment agencies to finance the construction of projects for residential, recreational, commercial, industrial, institutional, public, or other purposes contemplated by a redevelopment plan

This is the third of several hearings scheduled on the proposal. Chairman Conley will begin by providing a brief overview of the committee’s remaining hearing process. A presentation called “Economic & Fiscal Benefits Analysis of a New Downtown Ballpark” by program management firm Brailsford & Dunlavey will be followed by a presentation by representatives from Municap, Inc., who will present details on tax incremental financing and bonding as related to the proposed ballpark and ancillary development. A third presentation will be given by International League and Minor League Baseball officials who will explain their fiscal relationship with the Pawtucket Red Sox and how it relates to the proposed project. This will be followed by public comment.

Due to time constraints associated with the venue, this hearing is limited to four hours. Public testimony will be taken in the order that individuals sign up. Speaking time will be allocated equally and will be dependent upon the number of individuals signed up to speak. In recognition of this, the submission of written testimony is encouraged, either at the Committee's designated website (www.pawsoxhearings.com) or in person at the hearing.

Those submitting written testimony at the hearing are asked to bring 20 copies for the committee. Sign-in for the public comment portion of the hearing will begin at 5:30 p.m. in the auditorium. Public Parking will be available at Parking Lot 1 on Briar Lane (located behind University Police station).

Tuesday’s hearing will be streamed live on the General Assembly’s website (rilegislature.gov), and will air on Capitol TV (Cox HD 1013, Cox and Full Channel 15, Verizon Fios 34) the following day.