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Wade Stadium renovation funding strikes out

A request of state funding for renovations to Wade Stadium, home of the Duluth Huskies (summer collegiate; Northwoods League), was not included in an initial bonding request from Gov. Mark Dayton. Every two years the state of Minnesota passes a bonding bill for projects throughout the state. Local municipalities send requests to the governor’s office, […]

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Mesa won’t bond for new spring-training museum — but project lives on

Mesa (Az.) officials decided to go ahead with a $130-million bond issue for city projects, but funding for a new spring-training museum won’t be part of the package. The Mesa Historical Museum has sought $17 million in city funding for the Arizona Spring Training Experience, Museum and Community Center, which would focus on the Cactus […]

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Concerns raised over Hillsboro ballpark financing — but are they warranted?

More concerns are arising over Hillsboro’s decision to possibly back funding of a new ballpark with general funds, but given the size of the Oregon city, we’re not so sure the concern is warranted. Usually cities back bonds with dedicated revenue streams, like property taxes, sales-tax revenues or rental-car-tax proceeds. The advantage: bonds backed by […]

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Dayton confirms: $25M for new Saints ballpark

The final step in funding a new St. Paul Saints (independent; American Association) is complete, as Gov. Mark Dayton signs off on $25 million in state bonding proceeds for the project. Earlier this week the Minnesota Department of Employment and Economic Development (DEED) recommended the spending, out of 90 projects submitted to be part of $47.5 million […]

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Wilmington to ask voters to approve new-ballpark bonding

With the collapse of a public-private partnership backing a new Wilmington (N.C.) ballpark, voters will be asked directly this fall whether to back bonds on the project. Developer Flywheel/Trask has withdrawn from the project, which calls for Mandalay Baseball Properties to run a new ballpark for a relocating Atlanta Braves farm team, the Lynchburg Hillcats (High […]

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