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May 12, 2005
New York City Council moves to block West Side stadium funding
NY Newsday
The City Council on Wednesday moved to block a source of funding for the football stadium that Mayor Michael Bloomberg and the New York Jets want to build on Manhattan's West Side.
Lawmakers passed a bill requiring council approval before the city spends money known as PILOTs, or payments in lieu of taxes, which is what the mayor planned to tap for the city's $300 million portion of the $2 billion stadium.
Also:
NY Daily News, Council bars mayor from stadium aid
NY Sun, COUNCIL BLOCKS USE OF PUBLIC MONEY SOURCE ON STADIUM
NewYorkNewsNetwork.com, Miller Goes On Olympics Offensive
Posted by lumi at May 12, 2005 6:59 AM