City Could Vote on Stadium Financing Monday

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CLEVELAND -- Council members could vote as early as Monday on the city's proposed agreement to help fund renovations at FirstEnergy Stadium.

Council members said Wednesday that a committee meeting is expected to be held sometime during the day Monday. During the meeting, council will have an opportunity to review the agreement again and ask any questions they may have on the proposal.

After that meeting, council members say there is a good chance the proposal will be voted on during council's regular meeting Monday night.

The Browns want the city to pay $30 million a year for the next 15 years. The money will come out of the general fund, something that bothers a few councilmen.

"Where is that $2 million going to come from? Because our general fund budget is always right to the bottom line. We're very lean," said Councilman Mike Polensek.

Councilman Jeff Johnson says he believes the money in the general fund should be used for other projects.

Mayor Frank Jackson has said the funds will help fulfill the city's obligations outlined in the stadium lease and will not interfere with any other projects.

Councilman Kevin Kelley agrees.

"The City of Cleveland owns the stadium. That is our building and there are certain capital obligations in the lease," Kelley said.

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