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$350M in Bonds Approved for Proposed $450M Superdome Renovation Project

The Mercedes-Benz Superdome's governing body has reportedly received positive news regarding a stadium upgrade project that will help keep the New Orleans Saints in the city.

According to Anthony McAuley of the Times-Picayune, the State Bond Commission in Louisiana issued clearance to sell up to $350 million in bonds to help fund the project.

McAuley called it a "major step for the $450 million stadium makeover" that will be "a key part of talks to keep the Saints in New Orleans for the next several decades."

This article will be updated to provide more information on this story as it becomes available.