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Article: City OKs plan to finish ballpark
- Article from:
- Missoulian
- Article date:
- August 29, 2006
- Author:
CopyrightCopyright The Missoulian Aug 29, 2006. Provided by ProQuest LLC. (Hide copyright information)
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The Missoula City Council OK'd a plan to put up the city's minor league ballpark as collateral on a $6 million loan at its Monday meeting at St. Patrick Hospital conference rooms.
The City Council also sent the Missoula Open Space Plan 2006 Update and a pair of zoning changes back to committee.
The financing package for OgrenAllegiance Park involves a consortium of lenders and would pay off liens, consolidate debt and complete the construction of the partially finished stadium occupied mainly by the Missoula Osprey, an affiliate of the Arizona Diamondbacks. The main players in the deal are Missoula Federal Credit Union, First Security Bank and the nonprofit Montana Community Development ...