Friday, November 15, 2013
ATLANTA (AP) -- The chairman of the Cobb County commission is predicting a unanimous vote of approval when the new Atlanta Braves stadium comes before a vote on Nov. 26.
Commission Chairman Tim Lee tells The Marietta Daily Journal he's confident that all of his fellow commissioners will sign off on the $672 million stadium project.
Cobb County officials said Thursday a mix of existing tax revenue as well as new levies on business and tourism will be used to fund the public portion of the stadium, which would open in 2017.
Under the terms of a 30-year deal released by the county, the Braves would put in $372 million, or 55 percent, and Cobb County would be responsible for the remaining $300 million, or 45 percent.
(Copyright 2013, The Associated Press)