D.C. Mayor Pitches Sweetener for Stadium Deal

Vadum, Matthew
October 2004
Bond Buyer;10/28/2004, Vol. 350 Issue 31999, p4
Trade Publication
The article presents information that the District of Columbia (D.C.) Mayor Anthony Williams yesterday made a bid to placate opponents of his baseball stadium financing plan that includes selling $410 million of revenue bonds for construction costs by proposing to issue an additional $400 million of tax-increment financing debt over a decade for unspecified community development projects. The Washington Times reported this week that investment hanker Brian Saulsberry has proposed that he could assemble a private financing package for the stadium and parking infrastructure cost in exchange for exempting the stadium and parking facilities from taxes.


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