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Report: South Alabama to ask for $15 million to help fund new stadium

With UAB moving forward with their plans to improve their stadium situation in the years to come in Birmingham, South Alabama is looking to fund their own plans for a facility upgrade. According to a report from the Associated Press, South Alabama is asking for $15 million from the city and county to help fund a $75 million stadium project in Mobile.

South Alabama trustees have already approved construction of a new on-campus stadium for the Jaguars football program, but that is contingent on being able to fund the project. South Alabama expects to raise funds through public and private partnerships and hopes it will be able to receive some financial assistance from the city and the taxpayers to make the stadium a reality.

According to a report from MyNBC 15, South Alabama has asked the city of Mobile for $10 million in tax dollars to go toward the funding of the stadium. Payments of $500,000 would be made from the city to the university for the next 20 years. In exchange, South Alabama would pay $2.5 million to help renovate Ladd-Peebles Stadium. If the city agrees to help finance the new football stadium on South Alabama’s campus, the city would be allowed to use the new stadium rent-free for events such as the Senior Bowl or the Dollar General Bowl.

A vote to approve such funding could come as early as July 10.

Helmet sticker to Alyssa Newton of NBC 15 in Mobile, Alabama for clarification on some details regarding this story.

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