Builders Set to Play Ball

Vadum, Matthew
May 2006
Bond Buyer;5/8/2006, Vol. 356 Issue 32376, p37
Trade Publication
This article reports that the Washington, D.C. government broke ground on a baseball stadium after selling $535 million in tax-exempt and taxable municipal bonds to finance stadium construction. The average annual debt service on the bonds is estimated to be $38 million over 30 years. The stadium will house the Washington Nationals team.


Related Articles

  • Minnesota Lawmakers Vote on Bonding Bill, Stadium. Shields, Yvette // Bond Buyer;5/22/2006, Vol. 356 Issue 32386, p4 

    The article reports that the Minnesota Legislature is expected to consider the financing plans for the 522 million dollar open-air stadium of the Major League baseball franchise and a 248 million dollar football stadium for the University of Minnesota Gophers. The legislative body is expected to...

  • Comptroller sees threat to NY Munis. Kruger, Daniel // Bond Buyer;12/07/99, Vol. 330 Issue 30782, p1 

    Reports on comptroller H. Carl McCall's call for reform in New York state's fiscal management during The Bond Buyer's fifth annual New York Public Finance Conference. Claim that poor fiscal management could threaten the state's ability to market its bonds for essential capital projects;...

  • Pension Problem Limits S.D.'s Ability To Issue New Bonds. Allen, Mike // San Diego Business Journal;5/24/2004, Vol. 25 Issue 21, p1 

    Reports on the inability of the city of San Diego, California to borrow by issuing municipal bonds. Problem of underfunded employee pension plan; Dual investigation by the U.S. Attorney's Office and the Securities and Exchange Commission into the citys financial matters; City's admission of its...

  • Philly's Fields of Dreams? Higginbotham, Stacey // Bond Buyer;11/21/2000, Vol. 334 Issue 31022, p1 

    Reports on the proposed construction of two new stadiums in Philadelphia, Pennsylvania, which calls for the Philadelphia Authority for Industrial Development to issue $394 million taxable and tax-exempt debt. Uncertainty that the revenue streams tentatively outlined in the plan will be enough...

  • Bond Issue for Houston Texans' Stadium Reaches Goal Line. Albanese, Elizabeth // Bond Buyer;04/25/2001, Vol. 336 Issue 31125, p5 

    Reports on the Harris County Sports Authority's issuance of revenue bonds to finance a new football stadium for the Houston Texans. Amount of the bonds issued; Lead manager and co-managers for the deal.

  • Complex Bond Package Eases the Way for New St. Louis Ballpark. Shields, Yvette // Bond Buyer;12/31/2003, Vol. 346 Issue 31791, p1 

    Reports on the closure of a complex financing package for the construction of a Saint Louis Cardinal ballpark. Issuance of private bonds and taxable municipal bonds for help raise the money needed for the new stadium; Construction cost; Public funding assistance from the city of Saint Louis,...

  • Miami-Dade County, City Officials Still Negotiating Stadium Plan Financing. Sigo, Shelly // Bond Buyer;02/13/2001, Vol. 335 Issue 31076, p3 

    Focuses on Miami-Dade County and Miami city officials' negotiations on a proposal to provide bond financing for a stadium to keep baseball's Florida Marlins in the area for 40 years. Absence of a final site for the retractable roof ballpark in Florida; Letter of understanding between team owner...

  • Green Bay-Brown County Board Ready With Packers Deal. Shields, Yvette // Bond Buyer;04/17/2001, Vol. 336 Issue 31119, p32 

    Reports on the plan of the board overseeing the renovation of Green Bay, Wisconsin's Lambeau Field to sell fixed-rate bonds and floating-rate paper in a deal that will wrap up public financing for the project. Amount of bonds to be issued; State Board of Commissioners of Public Land Trust's...

  • N.J. County Announces $150M Deal for New Soccer Stadium. Cataldo, Adam L. // Bond Buyer;8/5/2005, Vol. 353 Issue 32190, p3 

    Reports on the Hudson County, New Jersey Improvement Authority's plan to sell tax-exempt bonds as part of a plan announced on August 4, 2005 to build a stadium for the MetroStars professional soccer team. Total amount to be raised from the sale; Location and construction cost of the proposed...


Read the Article


Sign out of this library

Other Topics