July 24, 2025
D.C. Council Chair Phil Mendelson has announced a vote on a revised Washington Commanders stadium deal for August 1, with a second vote likely on September 17. The new terms, negotiated over the past 10 days, reportedly generate over $900 million in revenue for the District, including $674 million in tax revenue over 30 years and $50 million for community benefits. The revised agreement addresses previous concerns by restructuring debt financing, redirecting $600 million from the Sports Facility Fee to transportation improvements, and requiring the Commanders' leadership to relocate their offices to D.C. This accelerated timeline follows pressure from the Commanders, Mayor Bowser, and Republican leadership, though the Council still needs to finalize specific details through a Development Financing Agreement.
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Read full article from source: The Washington Informer