After a last-minute addition to the agenda for the St. Petersburg City Council meeting today, the Council approved in a 4-3 vote taking on the necessary debt to cover their nearly $287.5 million share of the promised ~$600 million in public financing for the Rays stadium.
This doesn’t mean that the deal isn’t dying. Instead it puts the responsibility for killing the new stadium either the County, which has their own bond approval meeting scheduled for Dec 17, or the Rays themselves, who have repeatedly said they can no longer afford building a new baseball stadium, but have thus far refused to officially terminate the overall agreement.