Bill to help fund proposed Beach sports arena heads to Senate floor

Posted at 8:41 PM, Feb 13, 2013
and last updated 2013-02-13 20:41:17-05

We’ve learned new details about plans to bring a sports arena to Virginia Beach. A bill to help the funding of the proposed arena is headed to the Senate floor.

It was approved by a committee today.

Beach delegate Ron Villanueva wants a sports authority to issue bonds to raise money for the proposed arena.

Now the city scrapped the idea of an arena last month when they couldn't get a sports team to commit to coming to the resort city.

What happened to the Beach’s proposed sports arena deal?

Deadline approaching for possible sports arena deal in Virginia Beach

2013 Virginia budget will not include funds to help proposed sports arena in Virginia Beach

Mayor Will Sessoms said he wouldn't be asking the state for funding for an arena without a team commitment.

The mayor said he'd be willing to pursue the idea in the future.

The House has already approved the bill which would use income from the arena and a sales tax revenue increase to pay back the debt.