Friday, May 16, 2008

$175 million tax dollars for a new stadium

ST. PETERSBURG, Fla. (AP)—Tampa Bay Rays executives on Thursday announced a $450 million financing plan for a 34,000-seat waterfront ballpark.

Team executives are counting on the sale of their current home, Tropicana Field, the continuation of a hotel bed tax and $55 million in parking revenues over the life of the new stadium.

Yahoo!

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