Common Contracts

1 similar null contracts

LEASE SUMMARY
May 8th, 2021
  • Filed
    May 8th, 2021

The Mariners contributed $145 million, including $100 million in cost overruns towards the financing of the stadium. The public's share was capped at $372 million. Washington State’s contribution comprised of a .017% sales tax credit, proceeds from the sale of sports lottery scratch games ($3 million/year guaranteed), and proceeds from the sale of commemorative ballpark license plates. King County contributed via a .5% sales tax on food and beverages in King County restaurants, taverns, and bars, a 2% sales tax on rental car rates in King County, and a 5% admission tax on events at the new ballpark. Appendix 1, Sports Facility Reports, Vol. 12, available at https://law.marquette.edu/assets/sportslaw/pdf/sports-facility-reports/v12-mlb- 2011.pdf.

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