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Voters Approve Funding Measure For New Rangers Stadium

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