The proposed master agreement for a public-private
Logan Paulsen Jerseypartnership calls for a 50-50 split of the estimated cost of the stadium and related infrastructure, with the city's portion capped at $500 million. The Arlington City Council will consider authorizing the agreement when it meets next Tuesday.
''The Rangers and Arlington have enjoyed a great partnership for 45 years, and we are excited about the possibility of calling this city home for many years to come,'' Rangers co-chairman Ray Davis said. ''A baseball park is a very special place and the Rangers are committed to providing the best possible experience for our fans. The construction of a new facility with a
http://www.redskinsshopnfl.com/Authentic-Matt-Jones-Jerseyretractable roof and so many other amenities would allow us to enhance that experience in a manner that is not presently possible.''
Arlington voters in November are expected to be asked to support the project by
http://www.redskinsshopnfl.com/Authentic-Morgan-Moses-Jerseycontinuing existing sales taxes that are used to help pay for $1.2 billion AT&T Stadium, the next-door home of the Dallas Cowboys that has a retractable roof.
The city originally issued $298 million in bonds in 2005 to build the Cowboys' stadium, which since opening in 2009 has hosted events such as the Super Bowl, the first College Football Playoff national championship game
Justin Ellis Jerseyand the NCAA Final Four.
Davis said putting a roof on Globe Life Park, which opened in 1994 as Rangers Ballpark in Arlington, would be too expensive.
If approved by councilmen
http://www.raidersnflprostore.com/Authentic-Justin-Tuck-Jerseynext week, the city could begin the steps required for an election in November that asks voters to extend existing funding mechanisms that would provide the public financing for construction of a new ballpark.
The Rangers' 30-year lease on the city-owned Globe Life Park is set to end in 2024. Under the new proposed master agreement, the Rangers' partnership with Arlington would extend until January 1, 2054.
