Economic development group to study stadium plan
by Associated Press Wire
March 19, 2013 11:25 AM | 492 views | 0 0 comments | 4 4 recommendations | email to a friend | print
ATLANTA (AP) — Officials say a vote to issue bonds for the Atlanta Falcons’ new stadium will not take place Tuesday, one day after the Atlanta City Council approved a financing plan for the facility.

The Atlanta Journal-Constitution reports that the board of Invest Atlanta, the city’s economic development arm, will meet Tuesday as scheduled. However, a vote to issue bonds backed by city hotel-motel taxes will not be on the agenda.

A spokesman for the agency said this morning the board needs more time to review recent amendments made to the agreement.

The city council’s 11-4 vote on Monday removed one of the last hurdles for the downtown project that will replace the 20-year-old Georgia Dome with a $1 billion, retractable roof stadium for the NFL’s Falcons.

Comments-icon Post a Comment
No Comments Yet
*We welcome your comments on the stories and issues of the day and seek to provide a forum for the community to voice opinions. All comments are subject to moderator approval before being made visible on the website but are not edited. The use of profanity, obscene and vulgar language, hate speech, and racial slurs is strictly prohibited. Advertisements, promotions, and spam will also be rejected. Please read our terms of service for full guides