Have Stadium, Need Parking

A deal for a new stadium for the Washington Nationals seems to hinge on who will subsidize the parking, and how fancy the parking spaces will be.

1 minute read

November 17, 2005, 1:00 PM PST

By Brenda Meyer

"The city is seeking the $24 million in credit to guarantee interest payments on stadium construction bonds in case the Washington Nationals fail to meet their rent obligations because of a catastrophe, player strike or other event. The $20 million would help pay for 1,200 parking spaces at the stadium.

...'We'll provide parking spaces, but if baseball wants them to be fancy, then they have to pay,' said one city official, who spoke on condition of anonymity because the city's request had not been made."

Read the full story: D.C. to Seek More Money From Baseball Officials

Tuesday, November 15, 2005 in The Washington Post

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