Deal Is Struck on Financing for Washington Stadium
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City leaders and baseball officials agreed to alterations in the agreement made with Major League Baseball in September.
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Washington, DC (Sports Network) - The District of Columbia Council approved legislation to finance construction of a new ballpark for the Washington Nationals on Tuesday, but the team might have to come up with some money to build it.
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Bob Peck of the Washington Board of Trade says he&#39;s &quot;more optimistic&quot; that a financing deal for a new stadium can be reached before Major League Baseball&#39;s deadline of December 31st.
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A top official of Major League Baseball has labeled a new stadium financing proposal approved late yesterday by DC City Council as &quot;wholly unacceptable&quot; and offered to refund deposits that have been made toward purchasing tickets for Washington Nationals
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District of Columbia Mayor Anthony A. Williams and Council Chairman Linda W. Cropp reached agreement last night on a stadium financing package that they said will satisfy Major League Baseball by guaranteeing construction of a permanent home for the Washington Nationals along the Anacostia waterfront.
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A new stadium for Major League  Baseball in Washington D.C. will cost around $90 million more  than the mayor expects, the city's independent chief financial  officer told the City Council Thursday.
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District of Columbia leaders announced an agreement Monday night they said would bring the deal to move the Montreal Expos to Washington back from the brink of collapse.
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Mayor Adrian M. Fenty said today that no deal has been struck to use public funds to build a professional soccer stadium in Southeast Washington. He also said his talks with D.C. United about a partnership do not represent a drastic departure from his stance against public financing of the Nationals...
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City Council members tentatively approved a deal Tuesday night with the Dallas Cowboys to build a &#36;650 million football stadium in Arlington and to place the project in voters' hands.
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Baseball&#39;s plan to move the Expos to Washington might come apart after the District of Columbia Council voted Tuesday night to require private financing for at least half the cost of a new ballpark.
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Washington, DC, City Council committees will consider a revised stadium funding package on Wednesday that includes a $450 million community investment fund financed with bonds, according to the mayor&#39;s staff.
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The District of Columbia Council approved financing a ballpark for the Washington-bound Expos after voting Tuesday to cap funding at &#36;630 million.
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Washington, D.C.'s City Council on Tuesday approved a debt and tax-backed financing plan to build a new stadium for Major League Baseball, moving a step closer to bringing baseball back to the U.S. capital.
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Major League Baseball is poised to cancel the move of the Montreal Expos to Washington after the District of Columbia Council Tuesday night amended the agreement for a riverfront stadium by requiring 50 percent private financing.
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The Washington, D.C., City Council  on Tuesday removed a deal-breaking provision of a stadium  financing package and passed the $1 billion project, clearing  the way for baseball's return to the U.S. capital.
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Major League Baseball team owners have approved the Montreal Expos&#39; move to Washington next year, but the deal is still subject to a stadium agreement.
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Mayor Anthony A. Williams predicts he has enough votes to approve financing for a ballpark along the Anacostia waterfront.