The Cobb County Commission will vote Tuesday on whether to approve a financing package for a new stadium for the Atlanta Braves. The team says it wants move to out of the city, and if it does, it won’t be the first time the Braves abandon a stadium.
People in Cobb County will now have their chance to give input on the Atlanta Braves’ new stadium deal.
Commissioners have scheduled three town hall meetings for Monday, November 25, specifically for public input on the development. The Commission is set to vote on the issue Tuesday.
When the Braves leave for the suburbs in 2017, the City of Atlanta will lose about $4 million in annual sales tax revenue.
That figure comes from an economic impact study by Professor Bruce Seaman of Georgia State University. Seaman drafted a report for the Braves in 2012.
The Braves are just three seasons and $672 million away from a brand new home in Cobb County. A portion of that money, however, is expected to come not from the team, but from Cobb taxpayers. That could prove problematic.
A committee from the USA Diving organization made its second and final visit to Georgia Tech on Monday. The five member panel is deciding whether Atlanta or Indianapolis will host the U.S. Olympic Team Trials for Diving for the 2016 Summer Games.