
(The Center Square) – The Everett City Council approved a plan on Wednesday that will cost taxpayers another $10.6 million for design work for a new baseball park for the Aquasox, a minor league affiliate of the Seattle Mariners.
With the latest contribution, the city will have contributed more than $17 million, but potential cost overruns could add another $25 million to the $120 million downtown project.
The city will also need to float around $40 million in bonds, which it anticipates will be repaid with revenue from the stadium, and pay $2.4 million in yearly costs for the stadium.
The downtown stadium is also scheduled to host a United Soccer League team.
No representatives of the Aquasox, which is owned by a Stockton, California, ownership group called 7th Inning Stretch, showed up at the meeting.
Representatives of the group could not be reached for comment.
But the ownership group has refused to fund the project ent...

9 hours ago
5














English (US) ·