MARIETTA, Ga. (AP) - Officials of a suburban Georgia county have given the first thumbs-up to building a new $672 stadium for the Atlanta Braves outside the Georgia capital.
The Cobb County commissioners voted 4-1 Tuesday night to enter into a memorandum of understanding with the baseball team. Braves officials stunned local leaders earlier this month when they announced they would abandon Turner Field, a site just south of downtown Atlanta that has been their home since the team moved from Milwaukee in 1966.
The deal calls for hundreds of millions of dollars in public funds to help pay for the stadium and entertainment complex. The 30-year agreement calls for a mix of reallocating existing property tax revenue and implementing new taxes on business and tourism in the area.
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