Common Contracts
1 similar Project Construction, Financing, and Operation Agreement contracts
LEASE SUMMARYProject Construction, Financing, and Operation Agreement • September 17th, 2020
The ballpark was primarily privately financed—$90.1 million came from the Cardinals, $9.2 million in interest earned on the construction fund, and $200.5 million in bonds to be paid over a 22-year period ($15.9 million per year) by the team. Public financing came from St. Louis County contributing $45 million through a long-term loan. Appendix 1, Sports Facility Reports, Vol. 12, available at https://law.marquette.edu/assets/sports-law/pdf/sportsfacility-reports/v12- mlb-2011.pdf.
