Marlins ballpark financing pushed back - Wichita Business Journal:

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If commissioners approve the change, the three parties woule have until early July to closeon financing, instead of the end of Miami-Dade County and the parties also will be given untilp July 15, instead of July 1, to pull out of the The change that financing institutionn is requesting would affect the way the letter-of-crediy fees are paid. But, it wouldf not impact the projected financinv expenditures the county commission alreadyhas reviewed, accordinvg to a statement from County Manager George Burgess.
The changse would require an amendment to the bond ordinancd that allowed the county to issue Professional Sportw Franchise Tax and Tourist Development Tax County commissioners will get a chancs to consider the changes at a special meetinf onJune 19. A public hearint and second reading is scheduled forJune 30. Burgesas also is working with Miami to modifyg the deed on the stadiu m site to reflect the change inthe deal’sw new termination date.
“Our confidencre in the project and its underlying fundinh plan hasnot changed,” he said in the Burgess also wants to make “minor technica corrections” to the county deed that conveyds two parcels to the city of Miami for the stadium In April, county commissionerw approved issuing bonds totaling a maximum of $536 million towarsd construction of the $640 million, 37,000-seat