UPDATE (February 20, 20206):
INDIANAPOLIS, Ind. (ADAMS) – A committee in the Indiana House has voted unanimously to approve a bill to create the Northwest Indiana Stadium Authority to build a multi-billion-dollar stadium for the Chicago Bears.
Indiana would put around $1 billion in public funding into the stadium, and House Speaker Todd Huston says the Bears have committed $2 billion.
The state would own the stadium, which would be built in Hammond, about 30-minutes from Chicago, and the team would lease it. Huston says they will also invest in infrastructure around the stadium through an amended or renegotiated lease of the Indiana Toll Road.
Read more HERE
ORIGINAL POST:
INDIANAPOLIS, Ind. (ADAMS) – The Northwest Indiana Stadium Authority to lure the Chicago Bears over the border has been approved by the Indiana Senate.
The vote was overwhelmingly in favor, with Republican Senators Liz Brown of Fort Wayne and Gary Byrne of Byrneville casting the only no votes.
The public body would have the power to acquire land, issue long-term bonds, and finance the stadium’s construction. The Bears have threatened to move to northwest Indiana in their effort to get a new football stadium built in Arlington Heights, Illinois.,Read more HERE
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