A new deal seems to be coming together for $300 million in public money to help the Atlanta Falcons build a new stadium. As the Atlanta Business Chronicle reports:
A revised deal for a new stadium currently is being negotiated whereby the Georgia Legislature would not have to vote on increasing the bonding capacity of Georgia World Congress Center to $300 million.
Currently negotiations are underway at the Governor’s mansion between Gov. Nathan Deal, the Atlanta Falcons and the City of Atlanta where the bonding capacity would shift from the state to the city.
Huge public opposition is again not a barrier to throwing money at professional sports.
H/T: JAT
