New Jersey to finance soccer stadium
Acting Gov. Richard Codey announced that the state will provide $50 million in county and municipal funds for an $80 million, 20,000-seat soccer stadium for the MetroStars Major League Soccer team.
Acting Gov. Richard Codey announced that the state will provide $50 million in county and municipal funds for an $80 million, 20,000-seat soccer stadium for the MetroStars Major League Soccer team. According to the New York Times, the stadium will be owned by the team but financed with bonds issued by the Hudson County Improvement Authority that will be repaid with stadium revenue. New York Times
Tags: