City of Ocala Terminates Deal with Yankees
Published April 2nd, 2014
OCALA, Fla. -- Three up, three down.
The Yankees are not coming to Ocala anymore after the City Council terminated the contract.
All-in-all, about $300,000 was spent during the two-year negotiations with the Yankees.
"Project Home Run" would have built a $60 million baseball facility for the Yankee's minor league team in Ocala at the cost of a half cent sales tax to residents.
After the Marion County Commission shot it down, the city council decided to terminate the land agreement yesterday.
Even though the city spent $300,000 on a failed project, city officials don't see it as money down the drain.
"Maybe this pause will give us a chance to regroup and restrategize because we know this project can work in ocala. Who's to say what opportunities will present themselves in the future," said Ocala Community Development Services Assistant Manager Marc Mondell.
The Yankees had voiced concerns that Project Home Run had not had support from the community, saying their goal was to bring people together, not divide them.
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