TITLE

Arlington, Tex., Sells $148M of Taxable Debt for Cowboys Complex

AUTHOR(S)
Watts, Jim
PUB. DATE
August 2006
SOURCE
Bond Buyer;8/11/2006, Vol. 358 Issue 32443, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the private placement sale of $147.5 million of taxable revenue bonds with the government serving as conduit issuer for the Dallas Cowboys' financing to finance the construction of the new football stadium complex in Arlington, Texas. The proceeds from bonds sold will finance the share of the football team of $325 million for the $650 million stadium and will be accompanied with a 10 percent tax on tickets to events and $3 parking fee surcharge for each vehicle.
ACCESSION #
22056344

 

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