Baseball Stadium Contract Tabled
Last updated Tuesday, August 29, 2006 8:04 PM CDT in News
By THE MORNING NEWS
SPRINGDALE -- Time out!
The Springdale City Council delayed the vote on the proposed lease agreement between the city and the Wichita Wranglers Tuesday night.
Council members planned to send proposed revisions to the Wranglers to see if they would agree to the changes.
The stadium is scheduled for completion in time for the 2008 season, with the team $325,000 per year lease the facility.
The delay on the contract came after numerous questions arose about the contract. The major obstacle, the possibility the stadium would not be tax exempt, fell after Lee Ann Kizzar, Washington County assessor, agreed the proposed uses of the stadium would fall in line with tax exemptions listed in the Arkansas Constitution.
The city plans to build the stadium on the southeast corner of the intersection of Watkins Avenue and 56th Street. The 40-acre lot is under contract for sale at $4 million.
The facility would be built with $50 million from a bond sale approved in a July election by 13 votes. The funds would cover the land purchase, building a stadium for $33 million, extending sewer and water lines to the site, improving roads and paying the cost of the bond issue. The bonds are scheduled to be paid off by the extension of a 1 percent sales tax.
Reader Comments (9 comment(s))
The following comments are provided by readers and are the sole responsibility of their authors. The Morning News does not review comments before their publication, nor do we guarantee their accuracy. By publishing a comment here you agree to abide by our comment policy. If you see a comment that violates our policy, please notify the web editor.
AG wrote on Aug 30, 2006 7:26 AM:
JD wrote on Aug 30, 2006 11:24 AM:
Blair Cartwright wrote on Aug 30, 2006 12:07 PM:
Dean wrote on Aug 30, 2006 1:25 PM:
cp wrote on Aug 30, 2006 10:12 PM:
ted wrote on Aug 31, 2006 12:12 PM:
MiLB fan in CA wrote on Sep 1, 2006 7:35 PM:
JP wrote on Sep 5, 2006 6:52 PM:


BillyBob wrote on Aug 29, 2006 8:57 PM: