The Madison City Council took a big step in bringing Minor League Baseball back to north Alabama.
On Monday night, the council voted 7-0 on a lease/license agreement with BallCorps LLC for a stadium.
BallCorps, which bought the Mobile BayBears last year, has been exploring Madison as a possible move for the team but had not agreed on a venue with the city until Monday. The stadium is slated for Town Madison.
The lease agreement is for 30 years.
Mayor Paul Finley said the city will have to borrow $46 million for the 7,000-seat stadium and a $15-$17 million bond for infrastructure development.
BallCorps said they'll staff 20 to 25 people for the area if the team returns to north Alabama.
BREAKING:— Carl Prather (@CarlPratherWAFF) January 30, 2018
A unanimous 7-0 vote from city council moves forward a lease license agreement for @MiLB potentially returning to North Alabama and Madison Alabama.
Stay with @waff48 for the latest tonight at 10.
Mayor Finley saying— Carl Prather (@CarlPratherWAFF) January 30, 2018
The magic number is 46 million dollars for a 7,000 seat stadium.
Mayor Finley discussing the impact on schools and roads.
They are discussing a 15-17 million dollar bond to help the infrastructure inprovement of transportation (ie, roads).
The city council hopes to finalize this deal at the next council meeting on Feb. 12
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