DALLAS -- As St. Louis officials consider cuts to balance their fiscal 1992 budget, backers of a proposed $250 million stadium expect the city's first appropriation for debt servie to be spared the axe.

In fact, the St. Louis Regional Convention and Sports Complex Authority, which is to build the stadium, plans to price the long-awaited issue in July if credit enhancement and other matters are resolved. The size of the issue is expected to be around $250 million.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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