Funding agreement reached for Elizabethton Twins
ELIZABETHTON (Oct 6, 2018) - Over two years of work finally reached a conclusion Friday morning.
City of Elizabethton officials and the Minnesota Twins front office reportedly reached a funding agreement Friday morning to keep the Elizabethton Twins Minor League Baseball affiliate at Joe O’Brien Field for the foreseeable future.
Elizabethton Mayor Curt Alexander confirmed the agreement happened during a phone interview Saturday afternoon, and stated the agreement must be taken before City Council on Thursday, Oct. 11, for a final vote before becoming official.
The agreement is a five-year agreement between both parties to keep the Twins at Joe O’Brien Field. Two five-year options are also on the table per the agreement.
Overall construction cost is pegged at $2,322,110. Elizabethton will contribute $1.5 million toward the project while the Minnesota Twins will pitch in $800,000.
Read the full article at the Elizabethton Star.