Friday, April 13, 2012

Dallas City Council Approves Upgrades for Cotton Bowl Stadium

Dallas City Council OKs Cotton Bowl upgrades: The Dallas City Council voted Wednesday to spend $25.5 million to upgrade Cotton Bowl stadium, a move intended to secure the city's hold on the annual Red River Rivalry game between Oklahoma and Texas, the Bond Buyer newspaper reported.  Dallas voters have approved $51.5 million for renovating the Fair Park stadium in bond elections in 1995, 2003 and 2006. The council chose to issue the debt voted on Wednesday as certificates of obligation rather than bonds, which would have required voter approval, because of time constraints. Work on the stadium can't begin until 2014, and must be completed before the State Fair of Texas opens in late September of that year, the newspaper reported. (The Oklahoman)

Find past Cotton Bowl news here.... Cotton Bowl
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