Officials lower funding recommendation to move Knights uptown | Sports & Recreation
CHARLOTTE, NC (WBTV) -- The Charlotte Economic Development Council Committee voted 4-1 Thursday morning to lower the amount of city funding requested to move the city's baseball team uptown.
The committee recommended giving the minor league Charlotte Knights $8.5 million over 20 years, down from the $9 million over 10 years the city proposed earlier this month.
The Knights had wanted $11 million from the city. The county has already pledged $8 million to help with the move.
The recommendation will now go to Charlotte City Council for discussion and a full vote.
The team, currently located in Fort Mill, want to be uptown in time for the 2014 season.
The revised plan presented to the committee says the team will receive $2.5 million in property taxes off of the stadium site, down from $4.5 million in an earlier proposal.
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