Atlanta Mayor Kasim Reed prevailed Monday when the Atlanta City Council approved a community benefits deal that will release $200 million in city funds for the future Falcons stadium.
Reed wanted a deal done by year’s end, and the council approved the deal unanimously. But the issue may not be over: Some civic leaders threaten to file a lawsuit to overturn the benefits deal and block the funds.
Invest Atlanta expects to begin accepting applications for projects in January. In addition, the council is to appoint members to a committee it created Monday that’s intended to promote job creation in the stadium neighborhoods.
As if to underscore the extent of blight in stadium neighborhoods, the council approved a $59,126 contract to cover four years of back rent for a police precinct in Vine City.