Bond Vote on Stadium Financing Remains Up in the Air Ahead of Meeting Tuesday

Voters to decide on $1.3 billion bond to finance new domed stadium

Voters in the city will decide on Tuesday whether to approve a $1.3 billion bond to finance a new domed stadium for the city's football team.

Meeting Tuesday will discuss the issue

The bond vote will be on the ballot in a special election on Tuesday, and early voting is already underway. If the bond is approved, it would be the largest public financing project in the city's history.

The new stadium would be built on the site of the current stadium, which is more than 50 years old and in need of major renovations. The new stadium would be a state-of-the-art facility with a capacity of 65,000 seats. It would also include a retractable roof, which would allow it to be used for a variety of events, including concerts and conventions.

The stadium would be financed through a combination of bonds and private financing. The city would issue $1.3 billion in bonds, and the team would contribute $200 million. The remaining $300 million would be raised through private financing.

The bond vote is expected to be close. A recent poll showed that 52% of voters support the bond, while 48% oppose it. The outcome of the vote could have a significant impact on the city's future.

Arguments for and against the bond

Supporters of the bond say that the new stadium would be a major economic driver for the city. They argue that it would create jobs, boost tourism, and increase tax revenue.

Opponents of the bond say that it is too expensive and that the city should not be spending taxpayer money on a new stadium.

The bond vote will be held on Tuesday, November 8th. Polls will be open from 7:00 AM to 7:00 PM.