Aces Ballpark, home of the Triple-A Reno Aces (Pacific Coast League), has been operating for four years with a temporary certificate of occupancy — a document that certifies the building has complied with necessary code requirements and that the building is safe to occupy — because a dispute over property taxes owed has kept the owners from securing a permanent one. A number of public officials Continue reading
Tag Archives: Herb Simon
Ballpark Property Tax Dispute Heats Up Over Occupancy Certificate
Filed under Lease & Contracts, Legal, Money & Financials, Stadium Issues
Aces Ballpark Property Tax Dispute: An Interview with Herb Simon
In an exclusive interview with the Reno Gazette-Journal, billionaire real estate magnate Herb Simon said Tuesday he is taking a personal role in trying to resolve an ongoing dispute over whether he and his partners owe property taxes on Aces Ballpark, home of the Triple-A Reno Aces (Pacific Coast League). Read more here.
Filed under Design & Construction, Legal, Money & Financials, Stadium Issues
Hot Rods Announce New Ownership
PRESS RELEASE – After five years as owner of the Bowling Green Hot Rods, Art Solomon is selling the successful Class A Affiliate of the Tampa Bay Rays to another experienced minor league baseball team ownership group. Continue reading
Filed under Personnel & Operations
How the Wealthy Profit From MiLB Team Ownership
Forbes staff writer Chris Smith takes a look at Minor League Baseball’s most valuable teams and some of the wealthy individuals who have invested in them. Read more here. View list of MiLB’s most valuable teams. Thanks to John Cerone and Adam Heemeyer for the story.
Filed under Uncategorized