Tag: strings
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As stadium boom resumes, ‘private funding’ often comes with public strings
When the deep-pocketed Denver Broncos ownership group announced its plans for a new football stadium in September, city and state leaders applauded its pledge to privately finance both the stadium and a new mixed-use district surrounding it. But the Broncos’ announcement contained some notable fine print. The multibillion-dollar stadium complex won’t be entirely funded by…