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How the stadium will be funded.

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stats from CBS 4

 

$189,000,000 from the marlins

$28,000,000 from city of miami

$120,000,000 from miami dade

$30,000,000 from the state?

total cost $367,000,000

 

 

shovels could go in the ground october or november

 

 

VERY GOOD NEWS

BTW they didn't show any sketches and didn't say if construction would start even if they didn't get the 30 mil this year. you would think that if they want to open in 2007 they will need to start this year.

The interesting thing about those numbers is that the FO is set to chip in more than the city and county combined. It continues the general trend away from public financing back toward more private financing.

stats from CBS 4

 

$189,000,000 from the marlins

$28,000,000 from city of miami

$120,000,000 from miami dade

$30,000,000 from the state?

total cost $367,000,000

 

 

shovels could go in the ground october or november

 

 

VERY GOOD NEWS

On CBS4.com they show the following allocations:

 

$157,000,000 from the marlins

$60,000,000 from city of miami

$120,000,000 from miami dade

$30,000,000 from the state?

total cost $367,000,000

 

The cost estimate was raised $42M....could this be land acquisition costs????...and part of the City's contribution??

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