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Results Chart for Delivery Method and Financing
From Public (Government) Sources to Producers: City will issue $500 million in bonds to help pay for the stadium. A 0.5 cents sales tax, a 2% hotel occupany tax, and a 5 % car rental tax will pay off these bonds over the first 30 years of the lease.
From Private Capital Markets Directly to Producers as Debt: The Rangers are responsible to demonstrate that it will fund its portion of the costs of design, construction, and O&M, either through private loans, cash or equity, or any combination thereof.
From Producers as Equity: The Rangers are responsible for raising the balance of the costs of initial design, construction, and ongoing O&M throughout the lease. Voters approved a ticket tax of up to 10% and a parking tax of $3 per car at the stadium that will be dedicated to paying off debt arranged by the team. Rangers assume responsibility for any costs incurred in excess of the $1 Billion project budget.