ARLINGTON, TX (CelebrityAccess) — Voters in Arlington voted to approve a measure that will provide as much as $500 million toward the cost of a new ballpark for Major League Baseball's Texas Rangers.
The ballot measure, Prop 1, will use existing sales, hotel, and rental car taxes in addition to a possible $3.00 parking tax at the new ballpark and a tax of up to 10 percent on ticket sales, to help underwrite the new stadium.
According to CBS Sports, voters approved the measure by a wide margin, with 60 percent of voters supporting the proposal.
The Rangers are seeking to build a replacement for Globe Life Park, which has only been in use for 22 years. The proposed replacement would feature a retractable roof and cost more than a million.
As a part of the stadium deal, the Rangers have agreed to remain in Arlington through 2053. – Staff Writers
