County seeks specialist to handle Bills lease

[BLeonard]

http://www.buffalonews.com/city/communities/erie-county/article694600.ece

Poloncarz, in one of his first actions since taking office Sunday, signed an executive order Tuesday that directed his new county attorney, Michael Siragusa, to issue a formal "request for proposals" within 60 days for special counsel to support the county in its lease negotiations over the county-owned stadium.

Poloncarz hopes to have the county's attorneys on board by the time Populous, an architectural firm hired by the Bills to study the stadium, completes its review of the facility. That study is still in progress, said Bills spokesman Scott Berchtold.

Not much "news," really, but nice to see the issue being addresed with a sense of urgency.

-Bill

[BLeonard]

Re: County seeks specialist to handle Bills lease

A little more info here: http://www.bizjournals.com/buffalo/n...-on-bills.html

Some preliminary estimates peg the renovation work in the $130 million range, with the bulk of the upgrades focused on structural concerns. There has also been whispers of plans to perhaps add more luxury suites and premium seat in the stadium.

-Bill

[Johnny Bugmenot]

Re: County seeks specialist to handle Bills lease

First it was $40-100M, then it solidified at $100M, now we're up to $130M. This continual increase is discomforting. I really hope that they don't let emotional attachment get in the way of a sound financial decision whether or not they want to go through with this.