Sunday, January 31, 2010

Ga. Assembly to Put Fourth Bill on GA. Dome.

Georgia Legislators are getting set to extend the tax collections that pay for the Georgia Dome. (GA Dome is owned and operated by the state). The bill, however is contingent upon keeping the Falcons in house. And that is not a guarantee. Built over 18 years ago (1992) the venue is fast becoming one of the oldest stadiums in the NFL.

A few opponents of the bill point out that a new stadium could bring future sites of the Superbowl back to Atlanta ( haven't hosted a SB since 99') and many other events that could generate tremendous revenue for the city.

The current contract with the Georgia Dome expires in 2020 and while that is still a good 10 years away it can take several years to build a stadium (and that's after you can agree on who's paying for it). Its often a long negotiation.(the Dome has yet to pay off $214 million dollars used to pay for it; And is not expected to till 2017.)


The Georgia assembly expects to have a desision by late this week

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