Bring It Posted December 10, 2012 Share Posted December 10, 2012 http://blogs.ajc.com/atlanta-falcons-blog/2012/12/10/non-binding-terms-approved-for-new-falcons-stadium-deal/ Quote Link to comment Share on other sites More sharing options...
natod12 Posted December 10, 2012 Share Posted December 10, 2012 thats awesome, any idea of the estimated finish ? Quote Link to comment Share on other sites More sharing options...
fansince78 Posted December 10, 2012 Share Posted December 10, 2012 It is not a done deal. Just the basis for further negotiations. Quote Link to comment Share on other sites More sharing options...
Dharma Initiative Posted December 10, 2012 Share Posted December 10, 2012 I love the poll about "should tax payers fund a new stadium".The tax money being used is from the hotel/motel tax income. So unless you stay in Atlanta hotels then you aren't paying for it. Quit trying to spin it that way AJC. Quote Link to comment Share on other sites More sharing options...
basketballjones72 Posted December 10, 2012 Share Posted December 10, 2012 The interesting thing that I had not read earlier is that the Georgia Dome will be torn down. That's good news if PSL's are invovled and they keep the Chick-Fil-A kickoff, bowl game and the SEC Championship. That will help with the initial PSL cost. Quote Link to comment Share on other sites More sharing options...
Dharma Initiative Posted December 10, 2012 Share Posted December 10, 2012 Now I'd be all about PSL's if that means I get first rights to anything in the stadium.Because then you could recoup some from selling college games off Quote Link to comment Share on other sites More sharing options...
4dabirds Posted December 10, 2012 Share Posted December 10, 2012 That deal is what the GWCC proposes, and not what the Falcons will necessarily sign off on. If the Falcons are covering most of the cost to build the facility, then why would they have to pay rent and only have operating rights? I would guess that the Falcons would get all of the gate money and concession for the next 30 years to make the deal advantageous, while GWCC picks up property tax and all that is associated with taxes. I'd be curious to see how the deal is really structured. You may not have considered that by the time the new stadium is complete, the Dome will be almost as old as Fulton County Stadium was when the Falcons moved to the Dome. The Dome will be 25 and FCS was 27. Quote Link to comment Share on other sites More sharing options...
muskokas finest © Posted December 10, 2012 Share Posted December 10, 2012 Congrats to all the local Atlanta fans. Quote Link to comment Share on other sites More sharing options...
Desert_Falcon Posted December 10, 2012 Share Posted December 10, 2012 Glad it still moving forward. I need to catch a few games at the dome before she goes down Quote Link to comment Share on other sites More sharing options...
Andre5000 Posted December 10, 2012 Share Posted December 10, 2012 Ill be old as **** and living in Costa Rica but thats cool Quote Link to comment Share on other sites More sharing options...
RHEC Posted December 10, 2012 Share Posted December 10, 2012 Congrats Mr. Blank... You got bent over a chair and screwed by the GWCC. Way to stay in bed with these scums that will suck everything from the team. Quote Link to comment Share on other sites More sharing options...
elmack Posted December 10, 2012 Share Posted December 10, 2012 I want a new stadium but I have a major problem with having to pay more money for tickets and PSLs when I don't have a RING!!!! Quote Link to comment Share on other sites More sharing options...
RHEC Posted December 10, 2012 Share Posted December 10, 2012 I want a new stadium but I have a major problem with having to pay more money for tickets and PSLs when I don't have a RING!!!!As fragile as our fanbase, PSL will probably cause blackouts. Quote Link to comment Share on other sites More sharing options...
basketballjones72 Posted December 10, 2012 Share Posted December 10, 2012 As a STH, I just got this a few minutes ago:Dear Scott,Earlier today, the Georgia World Congress Center Authority (GWCCA) Board approved a term sheet for the proposed new stadium on the GWCC campus. This is an important step toward reaching a final agreement, which we anticipate will occur in 2013.A new stadium in Atlanta is important to the Falcons for a number of reasons: It will allow us to provide a league-competitive game day experience to our fans, and it will help the team remain competitive on the field over a long period of time. In addition, it puts into place a long-term solution following the expiration of our lease at the Georgia Dome.But this new stadium is not just about the Falcons. It will be an iconic asset owned by the state that will provide economic benefits to our city, region and state. During the construction phase alone, the new stadium will add more than 4,500 new jobs to the state’s economy and generate more than $400 million in total economic impact, including more than $160 million in personal income.In addition, a new stadium allows the city and state to remain competitive with other venues across the country in areas such as attracting new convention business, retaining events currently held in the Georgia Dome, hosting new marquee events in the future, and possibly adding Major League Soccer to Atlanta’s professional sports team mix.All of these opportunities provide significant positive economic impacts for Georgia. For example, four of the Dome’s largest annual events – the SEC Championship Game, Chick-fil-A Bowl, Chick-fil-A Kickoff Game and Bank of America Football Classic – generate a combined annual economic impact of more than $100 million. And hosting marquee events such as a Super Bowl, World Cup and BCS Football Championship Game would have a combined potential to generate more than $450 million in economic impact.The proposed financial arrangement for the new stadium is also beneficial to the state. Unlike the Georgia Dome, which was financed 100 percent with public money, the Falcons have agreed to fund about two-thirds of the cost of construction, as well as any cost overruns, with private dollars. In addition, the Falcons will take on the operating and capital risks that the state currently bears at the Georgia Dome. We are willing to do these things to ensure a great game day experience for our fans, and to be part of providing new opportunities to the city and state.The public funding for the remaining one-third of the stadium construction costs will be covered by the existing hotel-motel tax, which is largely paid by visitors, not local residents. So, unless a Georgia resident stays in a hotel in the city of Atlanta or certain other parts of Fulton County, he or she will pay nothing in taxes to build the new stadium.We are encouraged by today’s vote, and will continue to work in partnership with the GWCCA to reach a final agreement that is beneficial to all stakeholders, including the neighborhoods surrounding the new stadium. You can stay informed regarding our progress by visiting atlantafalcons.com and clicking on the link to the new stadium site.We will strive to keep you informed of our progress along the way. Thank you for your support this season, and best wishes for a happy holiday season. Sincerely,Arthur M. BlankOwner & ChairmanAtlanta Falcons Quote Link to comment Share on other sites More sharing options...
RHEC Posted December 10, 2012 Share Posted December 10, 2012 Ugh.. MLS.. what a waste imo. Hey lets just kick out a better sport in hockey and replace it with a worse sport in the states. Soccer! Quote Link to comment Share on other sites More sharing options...
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