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Wednesday, October 19, 2005

Williams defends Anacostia site for ballpark

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D.C. Mayor Anthony A. Williams yesterday said he is on "alert status" about building a $535 million ballpark along the Anacostia River, as the city government is set to use eminent domain as soon as next week to acquire land for the new stadium.

During his weekly briefing yesterday, Mr. Williams ruled out developing the area around RFK Stadium for Major League Baseball -- which some D.C. Council members have suggested as a money-saving alternative. The stadium currently is being used as the temporary home for the Washington Nationals.

"RFK is not a slam-dunk," Mr. Williams said, noting that efforts to build a new stadium for the Washington Redskins in that area failed. "That is a very difficult site."

The mayor was responding to concerns among council members over the District's financing for and construction of the ballpark.

The District is awaiting approval of a financing plan calling for a $246 million upfront payment from Deutsche Bank in exchange for a lease payment and revenue from the stadium.

The rest of the ballpark would be paid for by the issuance of municipal bonds. Wall Street has refused to grant an investment-grade rating on the bonds until the city fixes certain technical problems with the plan.

Some council members said they think this is an opportunity to revisit the plan to lower the city's costs.

But D.C. Council Chairman Linda W. Cropp, at-large Democrat, said she will block other council members from making any major changes to the deal because it was derived from an agreement signed with Major League Baseball requiring the District to build a new ballpark in Southeast by March 2008.

City officials informed the 23 landowners at the 21-acre ballpark site that they must sell their property to the city by tomorrow or have it taken through eminent domain.

That means the District could begin acquiring properties through eminent domain by next week, though it is likely to try to close any deals that are being negotiated.

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