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KING COUNTY PUTS CAP ON SPENDING FOR STADIUM, VOTE TODAY
Published July 21, 1995
A King County committee revised the proposal negotiated between a county executive and the Mariners on Wednesday, capping the amount taxpayers will spend on a retractable dome at $240.8M. Heath Foster of the Tacoma NEWS TRIBUNE writes that the revision, and several others increase "the likelihood the full 13-member council will support" the plan in a vote today. Other amendments: the proposed .1 cent sales tax will also pay off the $70M debt for the repair of the Kingdome and make $100M in Kingdome improvements for the Seahawks; the county will not contribute to the cost of designing the stadium -- estimated at $5M-$10M; and the county will not pay for any construction overruns. Mariners Pres. John Ellis argued against saying his team will lose $15M a year until a new park opens in '99 and that the their investment in the park will top $250M (NEWS TRIBUNE, 7/20).