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The Jacksonville Jaguars and the City of Jacksonville announced plans for massive scoreboards in each endzone of EverBank Field during the summer and today have announced the contribution from each side and how the scoreboards, which are expected to be finished by the start of the 2014 season, will be paid for.
Jaguars announce they are contributing $20M for new scoreboard. City's $43M will come from 2% hotel revenue, not general fund budget
— Mark Long (@APMarkLong) October 2, 2013
City's $43M will not affect services like public safety, parks & libraries. Means @CoachPease's nature walk is still on for UF-UGA game
— Mark Long (@APMarkLong) October 2, 2013
The offset in funding by the Jaguars themselves was announced over the summer, as the team also noted they'd be willing to pay an overages occurred during the construction process. It's a good thing it was noted that the money in which the city will be contributing is not affecting any other civic services, as that's usually the go-to complaint about stadium projects.
Boy those will be a pain in the ass to move to London.
More from Big Cat Country:
- Eugene Monroe trade: More moves could be on the way for the Jaguars
- Eugene Monroe says trade is 'definitely a good thing,' but wishes Jaguars well
- Jaguars news roundup 10/2
- Eugene Monroe trade approval poll: Was Jaguars-Ravens swap smart?
- Jaguars trade Eugene Monroe to Ravens for 'multiple draft picks'