My link

 

The costs are going up for the parking lot...like a whole lot, nearly 50 %.

why is it so hard to read your own article? it says how it will be paid for

No, this will not derail the stadium. In fact, they already voted. After some long and boring debate, they voted 3-2 for the funding but capped it at $120 million. If they need more, they'll have to go back to the commission and explain why. Seems reasonable to me.

 

http://southflorida.bizjournals.com/southflorida/stories/2009/10/19/daily74.html#

 

Miami commissioners vote on stadium parking garage fundingSouth Florida Business Journal - by Oscar Pedro Musibay

Citing concerns over rising and duplicative costs, Miami city commissioners on Thursday voted 3-2 to cap the cost of funding the new 6,000-space parking facility at the new Marlins ballpark at $120 million.

 

The city had been seeking up to $135 million to allow flexibility in case bonding costs came in higher than current estimates when the bonds are sold early next year, City Manager Pete Hernandez said.

 

That’s considerably higher than the original projection of $94 million.

 

"The funding includes more than $10 million in owner fees, including inspections, and helps to cover the debt service."

 

Commission Chairman Joe Sanchez, along with Angel Gonzalez and Mark Sarnoff, voted in favor of the bonds, with Michelle Spence-Jones and Tomas Regalado voting against the bonds.

 

Sarnoff pointed to some costs in the city manager’s summary of owner expenses that were duplicated and, for him, were red flags, but said he still felt an obligation to vote for the bond.

 

“Like it or not, you have to support what people have done,� Sarnoff said.

 

In March, commissioners approved the $94 million for the parking facility, which includes a covered garage and outside lot spaces. The $120 million includes an additional 15 percent in owner costs, which include design fees, surveys, an environmental consultant and insurance.

 

About $11 million of the $120 million is earmarked for paying debt service on the bond.

 

The $640 million ballpark is expected to be completed by the start of the 2012 season.

cannot because of lawsuit by marlins if their did

I wonder if Tomas Regalado getting elected will affect the stadium at all. He did vote against it and has been very vociferous in his opposition to the stadium.