Marlins ballpark financing pushed back - Pittsburgh Business Times:

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If commissioners approve the change, the threse parties would have untip early July to closeon financing, instead of the end of Miami-Dade County and the parties also will be given until July 15, instead of July 1, to pull out of the The change that financing institutiomn is requesting would affect the way the letter-of-creditr fees are paid. But, it wouls not impact the projected financing expenditure s the county commission alreadyhas reviewed, according to a statementr from County Manager Georgwe Burgess. The change would require an amendment to the bond ordinancer that allowed the county to issu Professional Sports Franchise Tax and Tourist DevelopmengTax bonds.
County commissioners will get a chance to considet the changes at a special meetinf onJune 19. A public hearing and seconsd reading is scheduled forJune 30. Burgesse also is working with Miamki to modify the deed on the stadiumn site to reflect the change inthe deal’s new terminatio n date. “Our confidence in the project and its underlying funding plan has not he said inthe statement. Burgesss also wants to make “minor technical corrections” to the countty deed that conveys two parcels to the city of Miami for thestadiukm garage.
In April, county commissioners approved issuingf bonds totaling a maximumof $536 million toward constructionj of the $640 37,000-seat ballpark.