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Stadium authority to vote on deal with Falcons

NewsCentral Staff

Story Created: Dec 8, 2012 at 4:40 PM EDT

Story Updated: Dec 8, 2012 at 4:40 PM EDT

ATLANTA (AP) - The Georgia World Congress Center Authority plans to vote Monday on the framework for a possible deal to build a new stadium for the Atlanta Falcons.

An agenda for the meeting Monday shows the authority will consider a nonbinding agreement covering terms negotiated with the Falcons. The Atlanta Journal-Constitution reports that the deal covers who would own the stadium and how it would be funded.

That agreement is not the end of the process. Many terms must still be worked out. Falcons spokeswoman Kim Shreckengost declined to comment.

The proposed deal calls for building a retractable-roof stadium at one of two sites near the current Georgia Dome.

Estimates for building a stadium have ranged from $948 million to more than $1 billion.

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Information from: The Atlanta Journal-Constitution, http://www.ajc.com
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