Jun
21
2009
Baseball BailOut, City Approves Another $12.7 Million!
Posted by JamesB in Business News, Commentary, Triad News, tags: Ballpark, Stadium, winston-salemWednesday night the Winston-Salem City Council approved another $12.7 million in tax payer dollars to pay for the privately held baseball stadium and surrounding land. After months of no construction at the site due to “negotiations” between Billy Prim and “Flip” Filipowski it was becoming obvious that the problems were not just “negotiations”. As previously posted here the city is already on the hook for an initial $12 million so this brings the total amount taxpayers are dishing out for a baseball stadium to 24.7 MILLION DOLLARS! The interest alone that the city council has put on the local tax payers is $800,000 a year.


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