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During a nearly four-hour meeting, councilors heard their first presentation on the stadium from Rays CEO Ken Babby, learned more about what public funding would be required and listened to dozens of citizens.
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Presentations from the team and city staff are slated on how Tampa can cover a proposed $251 million share of the project's financing through a CRA and the Community Investment Tax.
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The Battery Atlanta's mixed-use development hasn’t been able to pay off Cobb County's $300 million subsidy, casting doubt on the Rays' similar strategy to cover a billion-dollar ask of taxpayers, writes an economist and lifelong Braves fan.
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The Tampa Bay Rays want $1 billion in tax subsidies as elections loom and political attacks have begun, stirring memories of the seismic political fallout of the Miami Marlins.
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The team said it remains committed to a 2029 opening but pushed back on Hillsborough officials' requests for stronger financial guarantees and earlier private funding disclosures.
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Despite a Rays warning that changing the timeline would jeopardize the project, the team says it's working "diligently" on a response to the county's list of 14 unresolved conditions.
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The county commission also received the requested outside legal opinion on whether it could use the Community Investment Tax to help fund the stadium.
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The proposal comes after weeks of negotiations with local officials but has not been vetted by public boards. It lays out ambitious economic projections to recoup the upfront investment.
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County commissioners want to have a financing package for the estimated $2.3 billion project ready beforehand. Meantime, the Rays have scheduled two more community meetings in Tampa.
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The team is revising the proposed ballpark roof after an independent analysis suggested the design could cost at least $300 million more than expected. Public funding and construction timelines remain uncertain.
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Hillsborough schools are rolling out smart sensors that detect vape clouds, the Legislature's last week, meeting a Tampa City Council member and taking a dive at an aquarium in Lecanto.
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Officials hope measures, like narrowing roadways and lowering the Seventh Avenue speed limit, will increase safety to protect pedestrians in the district.