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Wednesday, March 11, 2009

POST: Team Now Asking PG to Pay Part - "$47 million ... of stadium cost"

Team Now Asking Pr. George's to Pay Part.
Post, 11 Mar 2009 (Wiggins ).
Prince George's County should sell at least $47 million in bonds to help build a stadium for the D.C. United professional soccer team, team officials told council members yesterday, a change of financing plans that prompted some council members to express skepticism about the project.

Team owner ... said yesterday that the current deal, under which only the stadium authority would issue bonds to build the 24,000-seat venue, should be amended to require the county's financial involvement.

"This was a county initiative," said McGuigan, who noted that Prince George's County Executive Jack B. Johnson (D) wooed D.C. United from the District after negotiations to build a stadium at Poplar Point stalled in 2007. Johnson also asked the stadium authority to commission a study to look at the economic benefits of building a facility in Prince George's instead.
Includes skeptical quotes from council members Dernoga, Campos, and Knotts.

Note:  Do not forget the news reports of  less than a week ago that Jack Johnson plans major reductions in public safety staffing.

(Posted 11 Mar 2009)

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