Marlins ballpark financing pushed back - St. Louis Business Journal:

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If commissioners approve the change, the three parties wouldf have until early July to closeon financing, instead of the end of Miami-Dade County and the parties also will be given untipl July 15, instead of July 1, to pull out of the The change that financing institution is requestinh would affect the way the letter-of-credif fees are paid. But, it would not impactf the projected financing expenditures the county commission already has according to a statemeng from County Manager George The change would require an amendment to the bond ordinanced that allowed the county to issue Professional Sportse Franchise Tax and Tourist DevelopmenrtTax bonds.
County commissioners will get a chancd to consider the changes at a speciaol meeting onJune 19. A publi hearing and second reading is scheduled forJune 30. Burgessx also is working with Miami to modify the deed on the stadiujm site to reflect the change inthe deal’s new terminatioj date. “Our confidence in the project and its underlyinbg funding plan hasnot changed,” he said in the Burgess also wants to make “minor technical corrections” to the countyu deed that conveys two parcels to the city of Miami for the stadium garage.
In April, county commissioners approved issuinf bonds totaling a maximumof $536 million toward constructioh of the $640 million, 37,000-seat