TITLE

NJ., Agency Reach Deal With Teams Over Stadium

AUTHOR(S)
Johnson, Matthew
PUB. DATE
April 2006
SOURCE
Bond Buyer;4/3/2006, Vol. 356 Issue 32352, p34
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the State of New Jersey and the New Jersey Sports and Exposition Authority have agreed to create a new stadium complex for the New York Giants and Jets. However, the deal will eliminate the need for the state to sell bonds to finance the project. Under the deal, the two National Football League teams will finance the project in exchange for naming rights for both the new sports complex and existing horse racing track.
ACCESSION #
20409293

 

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