The Maryland Stadium Authority yesterday approved an agreement to take over management of Memorial Stadium from Baltimore City during the two seasons it will be used by the Ravens.
The agreement calls for the MSA to bring the facility up to NFL standards. A $2 million budget for the work was approved last year by the General Assembly, and $900,000 has been spent, in part to refurbish the facility for the Canadian Football League Stallions.
The MSA also will operate the stadium during games, at an estimated cost of $1.8 million a year. It will be reimbursed from its share of a 10 percent ticket tax that is split 80/20 with the city. The city has agreed to contribute from its share of the tax if the costs exceed the state's portion.
Preliminary estimates put the tax receipts at $2.12 million a year.
The city will pay for and provide traffic control. City police will be used for game-day security, but paid for by the MSA. The mayor's office will receive free use of two sky boxes and 10 tickets per game.
Pub Date: 4/10/96