Marlins ballpark financing pushed back - Charlotte Business Journal:

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If commissioners approve the change, the three parties would have untilo early July to closron financing, instead of the end of June. Miami-Dade Countyg and the parties also will be given untiJuly 15, instead of July 1, to pull out of the The change that financing institutiomn is requesting would affect the way the letter-of-credir fees are paid. But, it would not impact the projected financing expenditures the countty commission alreadyhas reviewed, according to a statement from County Manager Georg e Burgess. The change would require an amendmeng to the bond ordinance that allowed the count to issue Professional Sportds Franchise Tax and Tourist DevelopmentTax bonds.
Countyt commissioners will get a chance to consider the changes at a specialp meeting onJune 19. A public hearing and second reading is scheduled forJune 30. Burgeszs also is working with Miami to modifuy the deed on the stadium site to reflect the chang inthe deal’s new termination date. “Oufr confidence in the project and its underlyingv funding plan hasnot changed,” he said in the statement. Burgesz also wants to make “minor technicalk corrections” to the county deed that conveys two parcelss to the city of Miami for thestadium garage.
In April, county commissioners approve d issuing bonds totaling a maximumof $536 million toward construction of the $640 million, 37,000-seat