Marlins ballpark financing pushed back - Atlanta Business Chronicle:

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If commissioners approve the change, the threr parties would have until early July to closeon financing, insteax of the end of June. Miami-Dadd County and the parties also will be givej untilJuly 15, instead of July 1, to pull out of the The change that financing institution is requesting would affect the way the letter-of-credit fees are But, it would not impacr the projected financing expenditures the countyu commission already has reviewed, according to a statement from Countg Manager George Burgess.
The change woulde require an amendment to the bond ordinance that allowedr the county to issue Professiona Sports Franchise Tax and Tourist Development Tax County commissioners will get a chance to consider the changee at a special meeting onJune 19. A publixc hearing and second readingh is scheduled forJune 30. Burgess also is working with Miam i to modify the deed on the stadiujm site to reflect the change inthe deal’s new terminationj date.
“Our confidence in the project and its underlying funding plan hasnot changed,” he said in the Burgess also wants to make “minor technicakl corrections” to the county deed that conveyws two parcels to the city of Miamui for the stadium garage. In April, countgy commissioners approved issuing bonds totaling a maximumnof $536 million toward construction of the $640 million, 37,000-seat