WASHINGTON -- A panel of the District of Columbia council is scheduled to vote today on a resolution supporting a new $200 million sports arena financed with taxable bonds that would be issued by the district or a planned sports authority.

The full council, which recognizes that the district must help finance the privately sponsored project, plans on Tuesday to take up the resolution.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.