Spurs' Arena Public Funding Survives City Council Challenge
The San Antonio City Council denied a motion Monday to reopen public funding for the San Antonio Spurs' new arena to a citywide vote, clearing another hurdle for the $1.3 billion downtown project. The arena will be funded in part through $489 million in municipal bonds. The funding plan received council approval after county voters approved a separate $311 million contribution through tourism taxes last November. The Spurs have committed to covering the remaining $500 million along with any cos...
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