Though nothing is final, negotiations are close to fruition on a deal for a new Omaha Royals ballpark in suburban Sarpy County; the deal could be announced as soon as next week.
Though nothing is final, negotiations are close to fruition on a deal for a new Omaha Royals (Class AAA; Pacific Coast League) ballpark in suburban Sarpy County; the deal could be announced as soon as next week.
Kermit Brashear, the designated negotiator for the county, and members of the Royals ownership have been meeting about a proposed lease and building agreement, and the county board has been appraised of progress on the negotiations. The full county board could receive a report from Brashear as early as next week if the two sides can hammer out a final agreement. Still, we’ve been warned nothing is final.
It sounds as though the ballpark will be contingent on Sarpy County receiving legislative approval of three new revenue sources, including a version of tax-increment financing where sales-tax revenues generated by the ballpark and a surrounding development would be used to finance the facility, which would hold 6,500.