Ninth-Inning Politics Put D.C. Stadium Deal on Life Support

Vadum, Matthew
December 2004
Bond Buyer;12/16/2004, Vol. 350 Issue 32031, p4
Trade Publication
The article gives information about the District of Columbia Mayor Anthony Williams' 100% publicly funded baseball stadium proposal. One day after the District of Columbia Council gutted the Mayor's 100% publicly funded baseball stadium proposal by insisting on private financing for half of the construction costs, the mayor said his $1 billion ballpark and community development package was "close to dying," but expressed optimism that it might be saved. The newly approved legislation states that if private investors fail to finance at least half of the $284 million in so-called hard or construction costs, legal authorization for the stadium project would lapse.


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