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Fredericksburg treasurer considering extension for stadium partners
The partners seeking to build a baseball stadium in the Celebrate Virginia South section of Fredericksburg have requested an extension of Monday’s deadline to finalize the purchase of the site, city Treasurer Brenda Wood said.
Wood said she received the request on Tuesday and expects to reach a decision on Thursday whether to grant the extension.
The owners of the Hagerstown Suns, a Class A affiliate of the Washington Nationals, seek to move the team to Fredericksburg and have been working with the city toward that goal for more than a year.
Diamond Nation, which operates a baseball and softball complex in New Jersey for amateur camps, clinics and tournaments, is partnering with the Suns in seeking to build the privately financed stadium.
The stadium would be built on 38 acres where the U.S. National Slavery Museum was planned by former Gov. L. Douglas Wilder. That land was to be sold at auction last fall for the the city to recover delinquent taxes and interest but the sale was put on hold when the stadium partners said they were in the process of buying the land.
The city treasurer’s office has granted delays in the tax sale since October. The partners got an extension of their deadline in March and again in June.
The next deadline is on Monday.
As I reported last night, the project is now at risk because of problems funding stadium construction.
City Manager Bev Cameron said the partners are facing an $18 million shortfall in funding.