A recent decision involves using a special tax district to fund various projects. The cost of buying a site for a new arena could exceed $115 million over time, including financing costs. This purchase is expected to be around $60 million initially. Other projects, each estimated at $10 million, would also be funded. These include initiatives at a zoo, botanical garden, and park. The total cost for all projects could be around $166.3 million, depending on the repayment schedule.
Further details are available from the source.
A vote was held, with a majority approving the plan, though not all members voted in favor.
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