Central Florida's two top mayors have agreed to a deal that could put a new $85 million stadium downtown and bring a
Major League Soccer franchise to Orlando.
A $94.5 million package also includes spending tourist taxes to complete the $503 million performing-arts center, as well as increased funding for renovation of the
Florida Citrus Bowl.And it pumps millions more into marketing for the tourism industry.
Mayor
Teresa Jacobs outlined a framework for the complex pact in a letter to county commissioners Thursday. Jacobs and Mayor
Buddy Dyer will announce the agreement today after tourism leaders review it.
"We're supportive of this approach," said Dyer's spokeswoman Heather Fagan. "We think this is a win-win-win for all the partners involved."
City and county staff still will have to work out details of the plan during the next several weeks, Jacobs' memo says, before it's brought to both sets ofcommissioners for review, public hearings and final votes.