Tuesday, December 21, 2004

Accord Reached on DC Stadium: From the Washington Post:

    Under the new proposal, which the 13-member council is to vote on today, the city will purchase insurance for potential cost overruns on the stadium and split the payments with Major League Baseball. Also, District officials will continue pursuing private financing for the project for several months. But Cropp said she will drop a requirement that 50 percent of the construction costs be paid for with private money.
The Sports Economist has more.

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