TITLE

Arlington Officials Likely to Ink Stadium Pact With Dallas Cowboys

AUTHOR(S)
Watts, Jim
PUB. DATE
February 2005
SOURCE
Bond Buyer;2/3/2005, Vol. 351 Issue 32063, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The final agreement between the city of Arlington, Texas, and the Dallas Cowboys sets a firm cap for the city's contribution at $325 million for the National Football League team's 75,000-seat, retractable-roof stadium. The city will finance its ball of the stadium's estimated $650 million cost with special tax revenue bonds supported by a voter-approved increase in Arlington's hotel and car rental taxes. The Cowboys are responsible for any costs overruns. The Arlington City Council is expected to approve the 150-page final agreement at its regular session on Tuesday night.
ACCESSION #
15938642

 

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