There was the big announcement today (Thursday) that business and political leaders in Atlanta have agreed on a plan to finance the building of a new retractable-roof stadium in downtown Atlanta. Much of the money for the one-billion dollar project would come from Falcons owner Arthur Blank. The hotel-motel tax from people who visit Atlanta would account for about 20% of the total. Still I got the feeling from people who reacted on TV and radio that the agreement might not have survived a referendum. We may never know because the deal now requires only the acquiescence of government leaders. It’s not unusual for effective leaders to point the way to achieve a favorable outcome. It’s sometimes politically risky, but that’s why they call it leadership. That’s the way it was in 1965-66 when Atlanta Mayor Ivan Allen Jr. and C&S Banker Mills B. Lane provided the leadership to bring the expansion NFL Falcons and Milwaukee Braves baseball team to Atlanta.
Would people vote for a new stadium?