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St. Louis football stadium running out of money (Yahoo Sports)
The indoor football stadium that the St. Louis Rams call home is running out of money as the NFL's team long-term future in the city remains murky. The publicly-funded Edward Jones Dome anticipates needing an extra $40 million to cover maintenance over the next 15 years, the St. Louis Post -Dispatch (bit.ly/1pGZkMd) reported Wednesday. The St. Louis Regional Convention and Sports Complex Authority, which owns the downtown dome, expects to exhaust its $16 million in savings in six years. The dome receives a total of $24 million annually from the city of St. Louis, St. Louis County and the state of Missouri for maintenance and to pay off construction debt , but those payments are scheduled to cease over the next decade. More...
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