PORT ST. LUCIE, Fla. — City council members in Port St. Lucie met Monday morning to discuss the construction of a new 6,000-seat soccer stadium.
The meeting comes a week after the announcement that the United Soccer League awarded the city an expansion team.
After about an hour, the city council unanimously approved a first reading of ordinance 25-67 to authorize the mayor to "execute and enter" into a stadium agreement with the city's redevelopment agency and stadium operations.
WPTV reported last week that a petition, which now has more than 1,500 signatures, was started in opposition to the stadium, citing that the project is "ill-timed, fiscally misguided, and dangerously located."
The city has agreed to contribute up to $27.5 million in tax increment revenue toward the construction of the stadium. These funds will not come from the city's general budget, but from increases in property tax revenue, known as TIF (tax increment financing), generated over time and used to reinvest in the area.
A second city meeting has already been scheduled for Tuesday, Nov. 4, at 5 p.m. for more public comment.
Stay with WPTV.com and WPTV News for updates on Monday's meeting.
Read more of WPTV's coverage below:
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