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<v Speaker 1>By Billy Cunningham, the Great American and some exciting news

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<v Speaker 1>this morning came out to Hamny County Commission's office headed

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<v Speaker 1>up by Didney's Treehouse and about a agreement with the Bengals.

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<v Speaker 2>The Memoran of understanding has been signed.

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<v Speaker 1>You may know the last few weeks I had on

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<v Speaker 1>Matt Huffman, Speaker of the House, loan with others who

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<v Speaker 1>are saying, well, we're not going to move until we

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<v Speaker 1>see if the county and the Bengals actually have a deal.

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<v Speaker 1>Joining you and I now is Denise street House, Hamny

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<v Speaker 1>County Commissioner. Denise, can you tell the American people this

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<v Speaker 1>afternoon kind of the memo of understanding and what it

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<v Speaker 1>means for the Bengals to taxpayers and the American people

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<v Speaker 1>kind of give us an overview.

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<v Speaker 3>So, the memorandum understanding is about a one hundred and

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<v Speaker 3>twenty million dollar investment between the team and the NFL

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<v Speaker 3>into the county's asset, which is the stadium. The county

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<v Speaker 3>is in for some of that as well, but we're

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<v Speaker 3>going to do some of the improvements that have been

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<v Speaker 3>identified through this master plan. You know, it's about elevators

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<v Speaker 3>and escalators and plazas and seats and all the things

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<v Speaker 3>that we need to do. But for the first time ever,

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<v Speaker 3>the NFL is participating in that financial stack and the

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<v Speaker 3>team is in substantially too. So it's a good day

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<v Speaker 3>for the tax players because we're leveraging our money with

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<v Speaker 3>the NFL and the team to get stuff done in

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<v Speaker 3>that stadium.

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<v Speaker 1>Now, how does this relate to the extension of the

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<v Speaker 1>lease or a new lease, Because the last time I

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<v Speaker 1>had you on about a week or ten days ago,

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<v Speaker 1>you said it would be a downer if somehow the

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<v Speaker 1>Bangals would exercise the two year option in a month

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<v Speaker 1>or two, that would be a downer.

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<v Speaker 2>How does that impact that extension?

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<v Speaker 3>It doesn't. I mean, the least extension that we were

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<v Speaker 3>talking about is we're ongoing negotiations about that. We're at

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<v Speaker 3>the table with the team. But this, I mean, if

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<v Speaker 3>you look at it on its face, it's certainly a

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<v Speaker 3>good sign that they are using their money in the

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<v Speaker 3>NFL's money to do these improvements. So they got this

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<v Speaker 3>money a while back, we need to move on it

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<v Speaker 3>to make sure we can get it done by next year.

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<v Speaker 3>And so that is the timing element here. But it's

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<v Speaker 3>really important. It's part of the larger stack of projects,

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<v Speaker 3>and so it's important that we leverage the NFL and

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<v Speaker 3>the team's money to get this stuff done. You mentioned

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<v Speaker 3>something else, and I want to dig in just a

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<v Speaker 3>tiny bit about the process at the state level, because

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<v Speaker 3>I've been asked, well, you know you didn't get in

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<v Speaker 3>the budget. Well, let me correct that and say we

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<v Speaker 3>did get in the budget. It was the governor's version

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<v Speaker 3>of the budget where he put in the gaming fee

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<v Speaker 3>for sports facilities. So that was us in the budget.

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<v Speaker 3>It went to the House. The House took that out

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<v Speaker 3>of the budget and put something different in for the Haslams.

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<v Speaker 3>And now we're over on the Senate side negotiating the

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<v Speaker 3>same thing. And so I don't know what's going to

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<v Speaker 3>come out of the Senate, but I think it will

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<v Speaker 3>be different from the Governor's version or the House's version.

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<v Speaker 1>When I had on Matt Hoffman, he said that the

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<v Speaker 1>Haslam deal was different because in the Haslam Browns deal,

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<v Speaker 1>it's brand new money in some cornfield in southern Calahooga County,

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<v Speaker 1>like two and a half three billion. The Bengalo deal

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<v Speaker 1>was different because it's an upgradest renovation that may generate

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<v Speaker 1>a little bit of additional income at Huffman is saying

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<v Speaker 1>that the taxpayer can't be on the hook for any

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<v Speaker 1>of these improvements unless the plan has shown that it's

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<v Speaker 1>going to break even. So is the news Drea House

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<v Speaker 1>saying that the plan is going to break even to

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<v Speaker 1>the taxpayer.

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<v Speaker 3>Well, listen, I don't want to be penalized because we

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<v Speaker 3>did twenty years ago what Cyahoga is doing now. I mean,

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<v Speaker 3>that's that's not fair. And so you know, for the

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<v Speaker 3>and by the way, Cyahoga County and the City of

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<v Speaker 3>Cleveland are not on board with the Haslem deal. So

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<v Speaker 3>I just want to be really clear that the team

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<v Speaker 3>that Cincinnati Bengals and the county commissioners are on the

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<v Speaker 3>same page. That is not the case in northern Ohio.

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<v Speaker 3>And I just want to point that out because I

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<v Speaker 3>think it's important. But why would you know, we kick

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<v Speaker 3>off forty million dollars for the state every year on

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<v Speaker 3>the banks and that's the Bengals, it's the Reds, it's

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<v Speaker 3>the collective. But why should we be penalized for that

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<v Speaker 3>when it comes to you know, funding these assets that

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<v Speaker 3>have benefited the state all these years. I mean, that's

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<v Speaker 3>just not right. And so the ski that they've come

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<v Speaker 3>up with for the Hansloms doesn't fit what we're doing

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<v Speaker 3>here in Hamilton County. And that's what we've said to

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<v Speaker 3>the speaker. I mean he heard us loud and clear.

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<v Speaker 3>And so we're still, you know, working with the state

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<v Speaker 3>to try to come up with something that works for everybody.

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<v Speaker 2>Is this contingent?

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<v Speaker 1>Is this one hundred and eighty four million, two thirds

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<v Speaker 1>from the Bengals slash NFL about and one third from

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<v Speaker 1>the Hamilton County? Is this contingent on a long term,

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<v Speaker 1>long term deal?

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<v Speaker 3>Are you talking about the MoU? Are you talking about

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<v Speaker 3>the large term?

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<v Speaker 2>Yeah, heard the MoU.

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<v Speaker 1>The one hundred and eighty four million announced more or

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<v Speaker 1>less today, say about one twenty from the Bengals, about

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<v Speaker 1>sixty four.

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<v Speaker 2>From the county. Is that contingent on signing a long

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<v Speaker 2>term deal? Or is that? Is that going to proceed?

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<v Speaker 3>Nonetheless, it is proceeding now. But if we don't come

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<v Speaker 3>to an agreement on a long term lease, then we

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<v Speaker 3>can claw back and we can drop out of this

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<v Speaker 3>deal that we just made. So we've got an hour

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<v Speaker 3>clause in there. But you know, as you know, Lily,

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<v Speaker 3>I'm an optimist and so I shouldn't be. And so

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<v Speaker 3>right now we've been meeting with the Bengals. We're working

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<v Speaker 3>this together. We're working in collaboration on this MU and

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<v Speaker 3>also at the state level, and so you know, so far,

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<v Speaker 3>so good. But we do have a provision in here

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<v Speaker 3>that we can get out of it if need be.

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<v Speaker 1>Oh yeah, And so the Bengals fans to show up

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<v Speaker 1>in August for a preseason game or September, that's only

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<v Speaker 1>about five six months away. Will anything be seen at

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<v Speaker 1>that point?

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<v Speaker 3>Well, we're always doing renovations, but these projects that are

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<v Speaker 3>in here, the reason we had to do it this

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<v Speaker 3>week or next it's actually going to be next week

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<v Speaker 3>is that there's so much lead time because of the

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<v Speaker 3>nature of the projects. And so these projects are going

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<v Speaker 3>to go online in twenty twenty.

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<v Speaker 1>Six, twenty twenty six, waiting are you twenty twenty six,

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<v Speaker 1>which you know? Are you optimistic that the Bengals were

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<v Speaker 1>not exercised a two year but rather seek long term deal.

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<v Speaker 1>You're at the table, You're meeting with Katie and Troy,

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<v Speaker 1>and I guess Mike Brown and others, the lawyers et

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<v Speaker 1>cetera and Gableman. Are you optimistic the Bengals want to

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<v Speaker 1>do a long term deal and not a stop gap.

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<v Speaker 3>I am hopeful that we will come to a long

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<v Speaker 3>term deal by the end of the deadline. That's what

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<v Speaker 3>I'm now. They can exercise the extension of the current

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<v Speaker 3>LEAs that is not good for the county or the taxpayers,

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<v Speaker 3>and so I'm hopeful that we don't get to that point,

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<v Speaker 3>but rather have a long term deal instead.

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<v Speaker 1>When I spoke to you about ten days ago, you

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<v Speaker 1>kind of said one third from the county, one third

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<v Speaker 1>from the state, one third from the Bengal slash NFL.

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<v Speaker 1>Is that still there? Because I sent on to Matt Huffin,

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<v Speaker 1>by the way, the stories, and I'm sure you're in

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<v Speaker 1>contact with him, But nonetheless, is that still the deal

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<v Speaker 1>from your mind? One third state, one third Bengals, one

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<v Speaker 1>third county.

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<v Speaker 3>So we've always talked about this as a third to

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<v Speaker 3>third a third. I mean, it's fluid, a little fluid.

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<v Speaker 3>I mean, don't hold me to the exact numbers, but yeah,

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<v Speaker 3>I mean, I think that's the idea, that it's a

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<v Speaker 3>stack that works for the taxpayers and works to make

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<v Speaker 3>sure that facility is upgraded to the level we need

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<v Speaker 3>it to be because it's not only about the games.

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<v Speaker 3>It's about concerts and football games, high school football games

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<v Speaker 3>and other events and making that thing more accessible. And

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<v Speaker 3>so it's a good you know, it's it's it's something

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<v Speaker 3>we need to do for the general public. But yeah,

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<v Speaker 3>we've always talked about this in the third of thirty third,

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<v Speaker 3>and that's what we're shooting for.

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<v Speaker 1>The first phase is eight thirty renovation for the pay Corps,

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<v Speaker 1>with three to four phases rolling out through twenty twenty nine.

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<v Speaker 1>Anticipated a cost of a two hundred and ten million

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<v Speaker 1>per phase. So when you talk about this phase in

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<v Speaker 1>the MoU, this is one of four phases. Is that correct?

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<v Speaker 3>Yeah, that's right, and a good point that this is

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<v Speaker 3>not money that's utilized all in one year. I mean,

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<v Speaker 3>we can't. We don't have capacity to do that, and

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<v Speaker 3>so it rolls out over five years or so, and

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<v Speaker 3>so it's not and this is important to know about

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<v Speaker 3>the state. It's not like we're asked in the state, hey,

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<v Speaker 3>give us all of that money upfront to participate in

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<v Speaker 3>this financial sect. It's a burn, right, it goes over

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<v Speaker 3>a few years, and so yeah, that's the nature of

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<v Speaker 3>what we're looking for here.

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<v Speaker 1>Lastly, are you working toward the idea that the county

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<v Speaker 1>will control the events more than the Bengals with the

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<v Speaker 1>veto power. Will that veto power be gone?

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<v Speaker 3>We are looking to get something in the new lease

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<v Speaker 3>that gives us the ability to bring more events into

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<v Speaker 3>that stadium to the benefit of the taxpayers. We're not

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<v Speaker 3>doing it now, and we need to do it.

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<v Speaker 1>And when will you sign the deal the MoU When

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<v Speaker 1>will that be done?

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<v Speaker 3>We're shooting for next Tuesday.

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<v Speaker 1>Next Tuesday? All right, Denise, congratulations. We think is it

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<v Speaker 1>premature to say congratulations?

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<v Speaker 3>I want to say, Willie, this is a new look.

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<v Speaker 3>We've never had the NFL give us any money for

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<v Speaker 3>our stadium before, and the team's participating in a big

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<v Speaker 3>way here, So yeah, I think it's good news.

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<v Speaker 2>All right, Denise Dreehouse, thank you very much.

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<v Speaker 1>I know you're in meetings, but thanks for coming on

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<v Speaker 1>this afternoon of the Bill Cunningham Show.

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<v Speaker 2>Denise, thank you very much. Thanks really God Bush, let's

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<v Speaker 2>continue with more.

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<v Speaker 1>Well, there it is, And you might recall when I

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<v Speaker 1>had on Madam Adam Byrd. Sloaney had on Senator Blessing,

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<v Speaker 1>then I had on the Speaker of the House. Then

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<v Speaker 1>I had on the governor and this is fluid. Underline

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<v Speaker 1>the word fluid, because in the governor's budget submitted to

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<v Speaker 1>the House there was money for the Bengals and the

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<v Speaker 1>House because of the increase in the so called syntaxes,

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<v Speaker 1>the House took out the syntaxes. They're not in the

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<v Speaker 1>business of increasing taxes and took out the Bengals deal.

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<v Speaker 1>Matt Huffman was with you and I about a week

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<v Speaker 1>ago in which he said, we're not going to put

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<v Speaker 1>money into a deal unless the taxpayer breaks even. And

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<v Speaker 1>based upon that more discussions are being held. And I

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<v Speaker 1>guess then each tree Houses point is this that the

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<v Speaker 1>Bengals deal was is fresh money, but don't hold out

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<v Speaker 1>against Hamilety County be goes twenty five years ago, this

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<v Speaker 1>would have been a fresh deal.

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<v Speaker 2>Now this stadium needs to be upgraded.

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<v Speaker 1>This is one hundred and eighty four million dollars one

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<v Speaker 1>of four phases. And in the first phase NFL and

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<v Speaker 1>the Bengals are putting up one hundred and twenty million

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<v Speaker 1>and the county's putting up sixty four that's about two

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<v Speaker 1>thirds on the Bengals and one third in the county.

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<v Speaker 2>Is that good news? Many people think so.

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<v Speaker 1>And the Bengals and the NFL and the Hamlet County

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<v Speaker 1>and the city wants the state lawmakers to treat the

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<v Speaker 1>Bengals in the city in an equitable and fair fashion

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<v Speaker 1>compared to the compared to the Browns and Jimmy Hanslam.

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<v Speaker 1>And you know, up to this point, we've not had

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<v Speaker 1>much sway over Columbus because they don't think Cincinnati is

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<v Speaker 1>part of the state. Almost and now it's just like

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<v Speaker 1>Covington doesn't act as if Frankfort thinks they're part of Kentucky.

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<v Speaker 1>But will continue. This is a positive. So much negativity

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<v Speaker 1>running around, this is a positive. I'll let's continue with more.

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<v Speaker 1>Bill Cunningham seven hundred WLW
