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In Denver, a Metro Chamber poll says 73% of those surveyed endorse a new domed stadium for the Broncos, but the six-county metro football board, which will make the final decision, calls that option "not economically acceptable" (DENVER POST, 1/16)....In Cincinnati, the cost of the Bengals' stadium project dropped by nearly $10M when Hamilton County sold more than $71M in bonds at an interest rate lower than those that financed Riverfront Stadium in the '60s. Leaders had expected the bonds' interest rate to be about 5.5%, but the rate came in at 4.92% (POST, 1/14).
The MD Stadium Authority finalized details yesterday to pay the Univ. of MD $800,000 to move the Terps' October 31 football game against GA Tech to the Ravens' new stadium, according to Christian Ewell of the Baltimore SUN. The authority "will receive the money from the Ravens," who promote all events at the stadium under the terms of their contract with the authority. In other news, the authority approved the lease of land adjacent to the new football stadium that will provide 437 parking spaces. It will receive all revenues from parking at the lot for Orioles and Ravens games, plus half of the weekday revenues (SUN, 1/16).