Vote On D.C. Baseball Stadium Delayed
POSTED: 6:31 pm EST November 9,
2004
UPDATED: 9:57 am EST November 10,
2004
WASHINGTON -- After Council Chair Linda Cropp proposed a new stadium plan last week, the District of Columbia Council delayed its vote on funding a new ballpark for the Expos.The vote will instead take place in two weeks. The original plan, proposed by Mayor Anthony A. Williams, called for a site south of the U.S. Capitol and a total cost of around $550 million. The city would pay $11 million per year to finance the revenue bonds. A gross receipts tax on businesses in the stadium area would be responsible for $4 million per year toward the payoff.
Part of the estimated $550 million would go toward refurbishing RFK Stadium, where the Expos will play for three years until the new stadium is ready. Cropp, who chairs the 13-member council, said last week that the new ballpark should be adjacent to RFK Stadium and the city be responsible for only $150 million and have private entities pay $350 million. On Tuesday, however, Cropp agreed that the new site would be best, but is sticking to the payment method. The agreement between the Expos and Washington, DC requires funding be approved by Dec. 31. The baseball owners also have to approve the move, which is likely to happen.
Copyright 2004. Courtesy of SportsNetwork.









