Sports Stadium Boom Adds To Municipal Woes As Revenue Plunges
Friday, December 25th, 2009
From New Jersey to Ohio to Arizona, the stadiums were sold as a key to redevelopment and as the only way to retain sports franchises. But the deals that were used to persuade taxpayers to finance their construction have in many cases backfired, the result of overly optimistic revenue assumptions and the recession.
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Sports Stadium Boom Adds To Municipal Woes As Revenue Plunges




