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Atlanta Officials Secure Deal With Church For Falcons' Preferred Stadium Site
Published August 7, 2013
NOT A DIME MORE? The GWCCA yesterday reiterated that its $6.2M offer to Mt. Vernon was "based on the highest appraisal received for the church's property," and said that it "is not allowed to offer more than appraised value under state law." In Atlanta, Leslie & Tucker note there "were not similar constraints in negotiations for Friendship because the funds would come from private money from the Falcons organization." Reed said, "For two years, my commitment to the Falcons organization has been unwavering. So this (suggestion of) me needing the Falcons? You ought to reverse that. It’s mutual. I believe in mutual respect." Leslie & Tucker write Reed "has some leverage on his side." Reed noted that he and the Atlanta City Council must approve a $3M community benefits plan "before any bonds will be issued for stadium construction." City officials are "pushing for the southern location due to its proximity to two MARTA stations and a potential future multi-model station" (ATLANTA JOURNAL-CONSTITUTION, 8/7).