Draft funding pact edges Rays stadium closer as votes loom

1 min read
Source: Tampa Bay Times
Draft funding pact edges Rays stadium closer as votes loom
Photo: Tampa Bay Times
TL;DR Summary

Tampa and Hillsborough County announced a nonbinding memorandum of understanding with the Rays outlining a $976 million public contribution toward a $2.3 billion stadium, funded via county bonds, the half-cent sales tax and reserves, with upcoming votes by the Hillsborough County Commission and the Tampa City Council; officials say this is the closest the parties have been, but many details remain to be worked out.

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