Change In Interest Rates Drive Up Cost of New El Paso Ballpark

Pacific Coast LeagueThe city of El Paso’s (TX) long-term debt for the Downtown ballpark for the relocating Triple-A Tucson Padres (Pacific Coast League) will increase by about $17 million after a change to the interest rates on the bonds to finance it was approved by the El Paso Downtown Development Corp. on Thursday.  Read more here.

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Filed under Design & Construction, Money & Financials, Stadium Issues

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