Stadium authority to vote on deal with Falcons - DC News FOX 5 DC WTTG

Stadium authority to vote on deal with Falcons

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ATLANTA -

The Georgia World Congress Center Authority plans to vote Monday on the framework for a possible deal to build a new stadium for the Atlanta Falcons.

An agenda for the meeting Monday shows the authority will consider a nonbinding agreement covering terms negotiated with the Falcons. The Atlanta Journal-Constitution reports that the deal covers who would own the stadium and how it would be funded.

That agreement is not the end of the process. Many terms must still be worked out. Falcons spokeswoman Kim Shreckengost declined to comment.

The proposed deal calls for building a retractable-roof stadium at 1 of 2 sites near the current Georgia Dome.

Estimates for building a stadium have ranged from $948 million to more than $1 billion.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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