Baseball stadium bonds up for vote

 

Baseball stadium bonds up for vote

 

Date: November 2, 2009
by: Robin Roy | City Editor

 
 

City commissioners are expected to approve today the issuance of up to $9.5 million in bonds to help pay for the construction of a Baltimore Orioles spring-training baseball stadium.

The city and county reached a deal with the Orioles over the summer to pay for a $31.2 million stadium complex on the site of the current Ed Smith Stadium.

What is still uncertain is how much the city will have to pay for the environmental cleanup of the Ed Smith property. A consultant’s report shows the presence of vinyl chloride.

Under the terms of the agreement with the Orioles, the city is responsible for all environmental cleanup costs.
Deputy City Manager Marlon Brown said those costs could be between $150,000 and $300,000, but there is a possibility it could be more.

Contact Robin Roy at rroy@yourobserver.com.

 

SHARE
Login Register now

Currently 0 Responses

Login below to post a comment or click register.
Account E-Mail
Password
forgot password? click here
Speak Your Mind Below!

Classifieds

1970 Main Street, Sarasota, FL 34236 941-366-3468

Copyright 2014 The Observer Group Inc., All Rights Reserved