The Albuquerque City Council voted Monday evening 7-2 to place a bond question for the new stadium on the ballot in November.
The proposal wouldset aside $50 million to fund the projectthrough a massive tax revenue bond measure.
“The discussion tonight went a long way towards myth busting some of the unfortunate untruths and misconceptions that have risen up regarding the stadium bond proposal. Whether it’s going to see a United home game, a high school tournament, or our favorite artists fill an arena, we believe an Albuquerque multi-use stadium will be an asset that New Mexico can be proud of, creating opportunities for affordable family fun for decades to come,” said Mayor Tim Keller. “Now it’s up to the voters. We look forward to continuing to have productive conversations with the public about the bond proposal, protecting historic neighborhoods, and ensuring that, like Isotopes Park, families across the city benefit from the project.”
The stadium will be a publicly-owned facility, but the contract details are still up in the air.
CLICK HERE for more on the store from KOB-TV