Revolution Stadium Talks With UMass Break Off UNM, WisePies End Arena Naming-Rights Deal Memphis Breaks Ground on Football Facility Facility Notes Timbers Unveil Stadium Expansion Plan Baltimore Mayor, Stronach Group Want Pimlico Replaced No User Fee For U.S. Bank Stadium HS Games Facility Notes Officials Break Ground On Pro Football HOF Village Hotel Mercedes-Benz Stadium To Be Ready By Early August
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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).