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City stadium plan progresses
In case you missed it, there have been three developments on the stadium front this week.
On Tuesday, Fredericksburg Treasurer Jim Haney postponed the sale of the U.S. National Slavery Museum site for 150 days. It was to have taken place on Oct. 31.
With the pending sale to the partners planning to build a multipurpose stadium, the auction was postponed.
On Monday, the owners of the Hagerstown Suns and Diamond Nation reached agreement with former Gov. Doug Wilder and chief creditor Pei Partnership Architects to buy the 38 acres Wilder had planned to use for the museum.
Tuesday night, the City Council approved amendments to the Comprehensive Plan and the Capital Improvements Plan to allow for an $8 million parking lot adjacent to the stadium.
The $29 million privately financed stadium, which will be located in Celebrate Virginia South, would be home to the minor league Hagerstown Suns and an amateur sports complex operated by Diamond Nation.
Below is Mr. Haney’s statement:
“The Treasurer’s Office finds itself in an unusual and unique position to advance a historic economic development deal for the City of Fredericksburg. My office is now in receipt of a signed contract between the National Slavery Museum, the property lien holder and the professional and amateur baseball partnership for purchase of the property and resolution of all debts to the City and liens that have encumbered the property for years.
The accompanying request for a delay of the pending sale to accommodate this exciting opportunity is in the best interests of the City and represents an income opportunity for the City above and beyond the recovery of debt owed. I have therefore informed the three parties the public auction will be delayed by 150 days.”
G.M. (Jim) Haney Treasurer, City of Fredericksburg