Charlotte, Panthers Reach Agreement On Stadium - WSPA.com

Proposed Panthers Stadium Improvements Up For Vote

Posted: Updated:
CHARLOTTE, N.C. -

April 22, 2013 Update

 

The city of Charlotte is voting on an agreement with the Carolina Panthers to make improvements to the team's stadium.

The plan calls for the city to contribute about $87 million for renovations to Bank of America Stadium in exchange for a six-year deal to keep the Panthers in Charlotte.

That's less than the team was seeking for improvements to the stadium, which opened in 1996.

The Charlotte City Council was expected to vote on the agreement Monday night.

The initial plan called for an improvement package that totaled $250 million. The city would have paid half of that, with the state and team paying the rest.

But state lawmakers rejected an increase in the local prepared food and beverage tax to fund that agreement.

April 19

 

The city of Charlotte and the Carolina Panthers have reached agreement improvements of the team's stadium.

The plan calls for the city to contribute about $87 million for renovations to Bank of America Stadium in exchange for a six-year deal to ensure that the Panthers stay in Charlotte.

That's less than the team was seeking for improvements of the stadium the opened in 1996.
City Council is expected to vote on the agreement Monday.

The initial called for an improvement package that totaled $250 million.

The city would have paid half of that, along with other money for stadium maintenance and traffic control costs. The state and the team would have paid for the rest of the project.

But state lawmakers rejected plans for tax changes to fund the project.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

 

  • Top StoriesTop StoriesMore>>

  • Foul Play Suspected In Union Missing Person Investigation

    Foul Play Suspected In Union Missing Person Investigation

    Wednesday, April 16 2014 3:31 AM EDT2014-04-16 07:31:41 GMT
    Officers roped off the scene on Union BlvdOfficers roped off the scene on Union Blvd
    City of Union Public Safety investigators were at the scene of a home on Union Blvd Tuesday night investigating a missing person case.
    City of Union Public Safety investigators were at the scene of a home on Union Blvd Tuesday night investigating a missing person case.
  • Bass Pro Shops Considering Spartanburg Co., Sources Tell Paper

    Bass Pro Shops Considering Spartanburg Co., Sources Tell Paper

    Tuesday, April 15 2014 10:30 PM EDT2014-04-16 02:30:59 GMT
    Sources tell our coverage partners at the Spartanburg Herald Journal, Bass Pro Shops is considering building near the BMW facility at the intersection of Highway 101 and Interstate 85.
    Sources tell our coverage partners at the Spartanburg Herald Journal, Bass Pro Shops is considering building near the BMW facility at the intersection of Highway 101 and Interstate 85.
  • 11 Upstate High Schools Among Nations "Most Challenging"

    11 Upstate High Schools Among Nations "Most Challenging"

    Tuesday, April 15 2014 10:03 PM EDT2014-04-16 02:03:25 GMT
    A new ranking released Tuesday by the Washington Post lists 11 local high schools as some of the nation's most challenging. A new ranking released Tuesday by the Washington Post lists 11 local high schools as some of the nation's most challenging.
    A new ranking released Tuesday by the Washington Post lists 11 local high schools as some of the nation's most challenging. Schools are measured by how well they prepare their students for college level work. 8 Greenville County schools made the list. Greenville's Southside High School earned the number 2 spot in the state and 189 on a national list of more than 2000. 2 Spartanburg County schools also made the list....
    A new ranking released Tuesday by the Washington Post lists 11 local high schools as some of the nation's most challenging. Schools are measured by how well they prepare their students for college level work. 8 Greenville County schools made the list. Greenville's Southside High School earned the number 2 spot in the state and 189 on a national list of more than 2000. 2 Spartanburg County schools also made the list....
Powered by WorldNow

250 International Dr.
Spartanburg, S.C. 29303

Telephone: 864.576.7777
Fax: 864.587.5430
Email: webmaster@wspa.com

Can't find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Media General Communications Holdings, LLC. A Media General Company.