Friday 2:01pm
October 24, 2014
Currently 67°F
Posted: Friday, July 25th 2014 at 7:55pm

Judge approves bonds to finance new Braves stadium

By The Associated Press
EMAIL STORY CONTACT EDITOR PRINT
click to enlarge
ATLANTA -- A judge has approved plans to issue up to $397 million in public bonds to finance a new stadium for the Atlanta Braves in the city's northern suburbs.

The Atlanta Journal Constitution reports ( http://on-ajc.com/WRQ7HA ) Cobb County Superior Court Judge Robert Leonard II overruled 12 legal objections brought by residents who opposed using taxpayer-backed bonds for the stadium. He issued his opinion Friday afternoon.

Leonard's opinion said the baseball stadium is a legitimate public expense and that the Cobb-Marietta Coliseum and Exhibit Hall Authority has a legal right to issue the bonds.

The new Braves stadium, which has a total budget of $622 million, is scheduled to open in 2017.
Associated Categories: Sports News, Professional Sports

© Copyright 2014 AccessNorthGa.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.


  • Click here
  • Click here
  • Click here
  • Click here
  • Click here
0.055940
icon
67°F
Gainesville, GA 30501
Clear
Wind: Variable 6 mph
Dew point: 40°F