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ATLANTA - Cobb County officials said Thursday a mix of existing tax revenue as well as new levies on business and tourism will be used to fund the public portion of a new $672 million Braves stadium planned for 2017. Clyde Drexler USA Jersey . Under the terms of a 30-year deal released by the county, the Braves would put in $372 million, or 55 per cent, and Cobb County would be responsible for the remaining $300 million, or 45 per cent. The Cobb County Board of Commissioners is set to consider the deal on Nov. 26. "Its an excellent deal for Cobb County," commission Chairman Tim Lee said in an interview. "Its great to have a national organization like the Braves relocating to Cobb County. Its creating jobs and stimulating the economy." Key details of the planned financing was revealed days after the Braves announced the team was leaving downtown for the suburbs, moving about 10 miles north on Interstate 75. The decision caught many by surprise, including Gov. Nathan Deal and Atlanta Mayor Kasim Reed. Deal has said hes happy the team is staying in Georgia, while Reed has been defending his decision not to compete with Cobb Countys offer. The public contribution for the Cobb County deal is far lower than initial reports of up to $450 million and also below the average of nearly 70 per cent cited by experts. The Braves said in a statement the team would be assuming more than 90 per cent of the upfront costs for the 42,000-seat stadium, minimizing the amount of bonds that would be issued. The stadium would be owned by the Cobb-Marietta Coliseum and Exhibit Hall Authority and operated by the team. The Braves would pay $6.1 million annually in rent and payments from naming rights, parking and advertising revenue, and that money would cover the teams annual bond obligation, according to information provided by the county. "This is a very sound deal for the Braves, the Cobb taxpayer and the Cobb business community," said Mike Plant, the Braves executive vice-president of business operations. The team has no plans to use personal seat licenses to help pay for the stadium, said Derek Schiller, the Braves executive vice-president of sales and marketing. The licenses have been an unpopular element of other stadium deals and require an upfront fee from season ticketholders. Under the plan, the county would use a mix of $9.61 million in existing revenue and $8.29 million in new taxes on business and tourism to collect the $17.9 million per year to cover the principal and interest of its share of the 30-year bonds that would be issued, according to the terms. It was not immediately clear what revenue sources might be used for capital maintenance expenses to be shared by the team and the county. Georgia State University economics professor Bruce Seaman said the plan appeared balanced with multiple sources of revenue, although he cautioned transportation must be a priority given existing traffic congestion in the area. "Additional congestion is a property value killer," said Seaman, who has done some fiscal analysis for the Braves. He said traffic could adversely affect any property value appreciation included in the countys revenue estimates. The project does include $14 million toward transportation improvements, although the long-term infrastructure plan remains to be seen. Of the new taxes, the county plan calls for $5.5 million would be generated annually through a new levy on area businesses, as well as $400,000 in a new 3 per cent car rental tax in unincorporated parts of the county and $2.7 million from a new $3 per-room, per-night charge for surrounding hotels and motels. Brooks Mathis with the Cobb Chamber of Commerce said the deal has the support of the business community and noted there were no plans for residential tax increases. "The businesses in the immediate area are all on board," Mathis said. "They know that they will benefit directly from this investment by the Braves in the community." Cobb County officials also plan to reallocate $8.67 million annually in existing property tax revenue. That money is currently being used to pay off another bond that will expire in three years, when the stadium bonds are expected to be issued, according to the commission chairman. In addition, a local business improvement district has pledged $10 million. Atlantas mayor has said the city couldnt afford to match Cobb Countys offer, saying the city would have been forced to take on some $200 million in debt to appease the Braves while facing a $900 million backlog in infrastructure projects. Through a spokesman, he declined comment Thursday on details of the Cobb financing. ___ Follow Christina Almeida Cassidy on Twitter: http://twitter.com/AP_Christina. ;Michael Jordan Bulls Swingman Jersey . -- Nelson Cruz has only two hits in 15 at-bats against the Kansas City Royals this season. Kemba Walker Hornets Jersey . Mats Zuccarello and Derek Stepan scored shootout goals, and backup goalie Cam Talbot earned his second win in two nights as the Rangers shook off a late tying tally and beat the Maple Leafs 2-1 Monday night.NEW YORK -- California Chrome failed in his bid to win the first Triple Crown in 36 years on Saturday, losing the Belmont Stakes to long shot Tonalist and leaving his owner to complain others took "the cowards way out" by skipping the first two legs of the Triple Crown. Before tens of thousands hoping to see history, the Kentucky Derby and Preakness winner finished in a dead-heat for fourth with Wicked Strong. California Chromes loss extended the longest drought without a Triple Crown champion. California Chrome co-owner Steve Coburn was bitter about horses skipping the first two legs and then stealing the Belmont. Six of the last eight Belmont winners did just that. "Thats the cowards way out," he said. "Its not fair to these horses that have been in the game since day one. If you dont make enough points to get into the Kentucky Derby, you cant run in the other two races. Its all or nothing." Coburn thought the other 10 horses ganged up on California Chrome, who was second early, dropped to fourth and then fifth before dead-heating for fourth. Photos after the race showed Chrome also had a bloody gash on his right front foot, a minor injury that may have hurt his chances. Coburn voiced a similar complaint after the Preakness, saying only the 20 horses that run in the Kentucky Derby should be eligible to compete in the other two legs. He also believed that horses skipping the Preakness should not be allowed to return in the Belmont. Coburn had been in a festive mood earlier in the day, waving his cream-colored cowboy hat to fans and signing items they tossed to him in his box seat. But the mood turned ugly after the race. Three tough races in five weeks proved too demanding for California Chrome, who was sent off as the heavy 4-5 favourite. Affirmed remains the most recent Triple Crown winner in 1978. The raucous crowd of 102,199 -- the third-largest in Belmont history -- was silenced when it became obvious that California Chrome lacked his usual punch in the stretch. Jockey Victor Espinoza realized long before then that his chestnut colt wasnt up to the grueling 1 1/2-mile trip around the tracks sweeping turns. "As soon as he came out of the gate, he wasnt the same," Espinoza said. Alan Sherman, the son and assistant to trainer Art Sherman, agreed. "When Victor started to squeeze on him, he didnt respond," he said. "He was wore out, I think." Once the official result was posted, fans sat in stunned silence before heading to the exits. Penny Chenery, the 92-year-old owner of 1973 Triple Crown champion Secretariat, had been ready to welcome a new member to the exclusive club. She and others with ties to previous Triple Crown winners came to watch what they hoped would be California Chromes big day. "Im very disappointed that we didnt have a Triple Crown winner, but Im happy for the winners," she said. Tonalist, the fifth wagering choice at 9-1 odds, was a fresh and restted horse making his debut on the Triple Crown trail. J.R. Smith Cavaliers Jersey. . He last ran and won the Peter Pan Stakes over the same Belmont dirt on May 10. Tonalist beat Commissioner, another newcomer to the Triple Crown, by a head. Those two horses finished in the same order in the Peter Pan. Tonalist ran the distance in 2:28.52 and paid $20.40, $9.60 and $7. Commissioner returned $23.20 and $13.20, while Medal Count was another length back in third and paid $13.20 to show. Samraat was sixth, followed by General a Rod, Matterhorn, Commanding Curve, Matuszak and Ride On Curlin. California Chrome broke quickly but was pressed immediately by Commissioner and General a Rod. Espinoza eased California Chrome back into third along the rail. Approaching the final turn, California Chrome was manoeuvred to the outside. He angled four-wide turning for home, just to the outside of Tonalist, who was close to the pace the entire race. Espinoza started whipping left-handed in the lane but California Chrome had no response. "I thought he was gaining ground, but he didnt have it in him, apparently," Coburn said. Tonalist joined the growing list of Triple Crown spoilers, making California Chrome the 12th horse since Affirmed to lose his Triple try in the Belmont, the longest race in the series. In 2012, Ill Have Another won the first two legs, but was scratched the day before the Belmont with a career-ending tendon injury. "The Triple Crown itself, obviously its tough," winning trainer Christophe Clement said. "If it would be easier to do it, then it would mean nothing." Tonalist was making just his fifth career start. "We actually thought he finished second, but we got lucky, he won," Clement said. "It was great." California Chromes rise from a humble pedigree and his working-stiff owners resonated with sports fans who rarely take an interest in horse racing. His owners spent $8,000 on a mare they bred to a stallion for $2,500, and were called "dumb asses" by a trainer for buying a mare who gave no indication that she could produce a standout offspring who could run fast. Conditions seemed aligned for the Triple Crown drought to end. California Chrome thrived during his three-week stay at Belmont Park. His chestnut coat gleamed and he gained weight after the Preakness on May 17. His owners, trainer and jockey oozed confidence. But this fairy tale didnt have a happy ending. Espinoza lost his second chance at a Triple Crown. He was aboard War Emblem in 2002, when that colt stumbled at the start of the Belmont and lost all chance. "The horse tried, thats all I can ask for. He took me on the ride of my life, Ill always have that in my heart for that horse," trainer Art Sherman said. Coburn, who with Perry Martin formed Dumb Ass Partners to race their one-horse stable, had vowed that California Chrome "would go down in history." It just wasnt the kind they wanted to make. Wholesale Jerseys China ' ' '