Rays $2.3B Stadium Plan Survives Narrow Tampa Council Vote
The Tampa City Council has approved a non-binding agreement for a $2.3 billion stadium for the Rays. The vote passed narrowly at 4-3, indicating potential challenges ahead for the project. The Rays are expected to contribute at least $1.3 billion, while the city will cap its contribution at $976 million.
- ▪The Tampa City Council approved a non-binding memorandum of understanding for a new ballpark for the Rays.
- ▪The vote was narrowly passed with a 4-3 margin, suggesting future challenges for the stadium project.
- ▪The Rays are set to pay at least $1.3 billion towards the ballpark, with the city's contribution capped at $976 million.
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