Cobb County commissioners took a big step toward building a new $672 million stadium for the Atlanta Braves. The commissioners voted 4-1 to approve the entry into a memorandum of understanding with the baseball team at their meeting Tuesday evening. The deal calls for hundreds of millions of dollars in public funds to help pay for the stadium and entertainment complex. The 30-year agreement calls for a mix of reallocating existing property tax revenue and implementing new taxes on business and tourism in the area.
People in Cobb County got their chance Monday to weigh in on the proposed new Atlanta Braves stadium in their backyards. Meanwhile, watchdogs and taxpayer groups are mobilizing to slow the process of approving public money for the project. Three Cobb County commissioners had separate town halls to gather public input ahead of a vote scheduled Tuesday evening. But one watchdog group is pushing for more: a public referendum.
A proposed $150 million development on the North Augusta riverfront that includes a new baseball stadium depends on a vote Tuesday by the Aiken County school board. The board is scheduled to vote on a revised tax incremental financing plan to fund the project.
A local sales tax could help build a new baseball stadium in downtown Savannah. City officials are considering paying for the project with $22 million of a special purpose local option sales tax designed for an arena.