« ANGER BUILDS IN B'KLYN OVER DEVELOPERS | Main | City Council Approves More SUPERSIZING for Brooklyn »

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.

article

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