MIAMI (CBS4) – The Miami Dolphins are a multi-million dollar franchise, but a penny could determine the future of their home.

Tuesday, the Miami Dolphins offered a potential raise for the sum of a proposed state bill that aims to fund renovations for both the Sun Life Stadium and the Miami Beach Convention Center.

Mike Dee, CEO of the Sun Life Stadium, sent a letter suggesting Broward and Miami-Dade commissioners to boost the total sum of the bill with a one-cent raise in the regional tourist development tax.

In the bills original form, the generated funds would be split evenly between the stadium and the convention center.  But if the proposed one-cent raise is approved; it will allocate 60 percent to the convention center and leave 40 percent for Sun Life Stadium or other eligible sports franchises.

Last month, Broward commissioners rejected the funding proposal for the stadium, while Miami Beach commissioners voted twice opposing any public dollars for Sun Life Stadium.

The submitted offer comes in just one day after the Miami Herald reported that Sen. Mike Bennet, R-Bradenton, confirmed that he will stand by legislation to allow Miami-Dade commissioners to raise the county’s convention development tax by a penny in order to finance only the convention center.

According to Dee, the altered offer was not made in response to Bennet’s proposal.  He also noted that the bill has not been filed, nor does it have a sponsor in the House.  And if the bill is indeed filed, he predicts a “challenging” atmosphere ahead.

Along with Bennet’s proposal that was posted one day before Dee’s offer, Miami Beach’s final draft was made public for an approximate $600 million renovation plan for the city’s convention center built-in 1957.

The issue is under discussion in numerous forums as legislative sessions are looming and the vote for the convention center renovation proposal is near.

Bennet said on Tuesday that the bill is in draft and should be filed next week.

(©2011 CBS Local Media, a division of CBS Radio Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. CBS4 news partner The Miami Herald contributed material for this report)

Comments (3)
  1. Mariano says:

    I dont understand why someone from Bradeton wouldn’t approve a 1 cent hike for both complex, or for that matter any Senator.
    Miami-Dade tax payers have been paying through tolls road improvements and through taxes for other state counties to road improvements and alike.
    My money has been taken from me to help other counties. Well it is our turn in a much needed improvement to MB Convention Center and Sun Life stadium, which brings in millions of dollars to the state and our economy from tourism and locals.

  2. Here we go again! says:

    Yet another fairy tale gets piped via media to the public. This isn’t a “penny” tax. It’s a scheme to hike the current 3% tourist developmnent tax to 4%. That’s a 33.3% tax INCREASE. Tell billionaire Miami Dolphins owner Steve Ross to pay for the, whatever you call it these days, Joe Robbie stadium inprovements. He can afford it without the need to confiscate the over burdened taxpayer’s money. And the Miami Beach Convention Center? Nice trick to bundle that unnecessary upgrade into the proposal that shafts our valiued tourists. Why doesn’t the media look into the current taxes and fees that the convention center already takes in? South Florida needs a fiscal oversight committee!

    an additional 1 % tax tacked on to your hotel bill and God knows what else.

    1. dgmman says:

      Great points, both are a waste of tax payers money. Its funny how the media loves to twist the truth or even tell the real issue. Miami is full of dreamers and thefts living in one of the fakest places anywhere. So pay for it yourself Steven Ross and Miami Beach stop with the B.S.

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