Author Topic: Hagerstown Suns on the move?  (Read 17551 times)

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Offline HalfSmokes

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Re: Hagerstown Suns on the move?
« Reply #50: January 30, 2012, 03:48:50 PM »
No tax dollars would go to pay for the construction of the facility, at a "ballpark figure" of $15 million, according to Craig Gerhart (interim city mgr). The EDA would handle financing of the project. Naming rights and other opportunities would exist.

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I just noticed this gem- no tax dollars, just built with bonds issued by an agency with the backing of the local government - I wonder who pays off the bond if revenue is less than anticipated?