City Reaches Agreements To Acquire Land For Falcons Stadium
An ebullient Atlanta Mayor Kasim Reed confirmed Friday that offers are in place to purchase both churches that must move for the new $1 billion Atlanta Falcons stadium to be built on his preferred site.
Reed confirmed at a press conference today that Mount Vernon Baptist Church leaders have tentatively agreed to drop their asking price to $14.5 million down from their original $20.4 million request. Reed said the Atlanta Falcons have agreed to pay the difference between the $6.2 million state officials can pay and what the church wants.
Mount Vernon officials have until now remained silent during negotiations but joined Reed and leaderse from Friendship Baptist Church at the event. But like Friendship Baptist Church the Mount Vernon congregation is expected to vote on the latest offer in coming weeks.
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Tags: Atlanta Falcons