Home
Bibliography
Calendar
Columns
Dorothy Brizill
Bonnie Cain
Jim Dougherty
Gary Imhoff
Phil Mendelson
Mark David Richards
Sandra Seegars
DCPSWatch
DCWatch
Archives
Council Period 12
Council Period 13
Council Period 14
Election 1998
Election 2000
Election 2002
Elections
Election
2004
Election 2006
Government and People
ANC's
Anacostia Waterfront Corporation
Auditor
Boards and Com
BusRegRefCom
Campaign Finance
Chief Financial Officer
Chief Management Officer
City Council
Congress
Control Board
Corporation Counsel
Courts
DC2000
DC Agenda
Elections and Ethics
Fire Department
FOI Officers
Inspector General
Health
Housing and Community Dev.
Human Services
Legislation
Mayor's Office
Mental Health
Motor Vehicles
Neighborhood Action
National
Capital Revitalization Corp.
Planning and Econ. Dev.
Planning, Office of
Police Department
Property Management
Public Advocate
Public Libraries
Public Schools
Public Service Commission
Public Works
Regional Mobility Panel
Sports and Entertainment Com.
Taxi Commission
Telephone Directory
University of DC
Water and Sewer Administration
Youth Rehabilitation Services
Zoning Commission
Issues in DC Politics
Budget issues
DC Flag
DC General, PBC
Gun issues
Health issues
Housing initiatives
Mayor’s mansion
Public Benefit Corporation
Regional Mobility
Reservation 13
Tax Rev Comm
Term limits repeal
Voting rights, statehood
Williams’s Fundraising Scandals
Links
Organizations
Appleseed Center
Cardozo Shaw Neigh.Assoc.
Committee of 100
Fed of Citizens Assocs
League of Women Voters
Parents United
Shaw Coalition
Photos
Search
What Is DCWatch?
themail
archives
|
Government of the District of
Columbia
Executive Office of the Mayor
Office of Communications
FOR IMMEDIATE RELEASE:
MONDAY, FEBRUARY 13, 2006 |
CONTACT: VINCE MORRIS
202-727-5011
SHARON GANG
202-727-5011 |
SUMMARY OF MAJOR LEAGUE BASEBALL'S CONCESSIONS TO CITY
(Washington, DC) Mayor Anthony A. Williams issued
the following summary of the concessions the District has won from Major
League Baseball. The list is intended to help District residents
understand what has been gained by the Mayor's legislation, which was
approved by the Council last week on a 9-4 vote.
KEY IMPROVEMENTS TO THE BASEBALL LEASE AGREEMENT
- The White House agrees to include $20 million in the FY 2007 budget
to improve and expand the Navy Yard Metro stop;
- Private developers agree to pay for road and sewer improvements in
the area;
- Residents will not be taxed to pay for the ballpark;
- Major League Baseball (MLB) agrees to contribute an extra $20
million to ballpark development;
- MLB agrees to a $320 million cap on the total construction costs of
the ballpark;
- MLB agrees to help create a new youth baseball academy with a $3.5
million contribution;
- MLB agrees to increase the number of free tickets given to DC young
people from 8,000 to 10,000 per year;
- MLB agrees to hold a meeting in the District of all team owners
before the summer of 2008;
- MLB agrees that players will make a minimum of 50 youth, educational
or charitable appearances a year in the District.
- MLB agrees to allow the District to sell rights to related
development on the northern portion of site - about one million square
feet -- and to allow the city to retain 100 percent of the development
profit to offset land acquisition costs;
- MLB agrees that the District may retain two-thirds of the revenue
from non-event parking - those revenues would continue for 30 years;
- MLB agrees to pay annual team rent in a lump sum in advance of each
season to help the District achieve an investment-grade bond rating;
- MLB agrees to put up a letter of credit for a one-year rent reserve,
helping to ensure investment-grade rating and to waive "set-off
rights" against its annual rent and to bear associated costs.
- MLB agrees that if the stadium is completed late, the Nationals will
continue to pay rent while at RFK;
- MLB agrees that the Nationals organization will make the District
its principal place of business.
- Clark Construction agrees that 50 percent of construction work will
go to LSDBE subcontractors;
- Clark Construction agrees to hire and train District residents as
apprentices;
|