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John Fonfara

State Could Issue Bonds To Help Build Hartford Stadium

State Could Issue Bonds To Help Build Hartford Stadium

HARTFORD — The state may still finance part of Hartford's $56 million baseball stadium, though not in the way previously considered.

The latest plan would send an undetermined amount of money to Hartford from bonds issued by the state and overseen by Connecticut Innovations, the state's quasi-public investment arm.

Under an earlier plan, Hartford sought to get a portion of the state's admissions tax — about $426,000 annually — to help pay for its new minor league ballpark.

The New Britain Rock Cats, soon to be the Hartford Yard Goats, must charge the 10 percent tax under state law, which imposes that tax on most entertainment and recreation...

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