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Hillsborough County approves nonbinding MOU to pursue ballpark and redevelopment negotiations with Tampa Bay entities
Summary
A majority of Hillsborough County commissioners approved a nonbinding memorandum of understanding authorizing staff to pursue negotiations on definitive agreements for a new ballpark and related redevelopment; the approval was nonbinding and does not change the county budget.
Hillsborough County commissioners on May 20 approved a nonbinding memorandum of understanding (MOU) that authorizes county staff to pursue further negotiations with Tampa Bay entities, the City of Tampa and the City of Tampa Community Redevelopment Agency on definitive agreements related to a proposed new ballpark and associated redevelopment. The board’s approval was described as nonbinding and was stated not to change the county’s current budget or create binding future commitments.
According to the meeting recap, the MOU would allow staff to negotiate terms covering construction, funding, ownership, use and long-term maintenance and repair of the ballpark and related development at the Hillsborough College Del Mavry campus (phrase as transcribed). The transcript identifies the partner group as "Tampa Bay raised entities" (transcript wording); the county did not clarify the entity name during the meeting. No financial commitments or vote tallies were recorded in the public recap provided in the transcript.
