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Sun Feb 24, 2019 11:10 pm
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ZURICH CLASSIC OF NEW ORLEANS, TPC Louisiana, Avondale, Louisiana The PGA Tour moves further south to Louisiana this week for the Zurich Classic of New Orleans. Steve Pearce Jersey . Last year, Billy Horschel birdied the 72nd hole of the tournament to hold off D.A. Points and claim his first PGA Tour victory. Horschel entered the final hole tied with Points, but the duo would have to wait a little while to figure out the final result as play was halted for weather concerns moments after they hit their tee shots. It was the second weather delay of the afternoon. After the threatening weather moved out, Horschel hit his third shot to 26 feet and watched as Points blasted his fourth from a greenside bunker to within five feet. Points wouldnt get a chance to force the playoff as Horschel drained his putt for birdie and the win. Horschel will return to defend his title against a field that includes seven winners from this season. The defending champion will try to become the first player to win back-to-back in New Orleans since Carlos Franco turned the trick in 1999 and 2000. Horschel will also try to become the first person to earn his first two wins on tour at the same event since Boo Weekley won the Heritage in 2007 and 2008. This will be the last chance for players who are not already qualified to earn a spot in The Players Championship by moving into the top 10 in the FedExCup standings or top 50 of the Official World Golf Ranking. The PGA Tour moves to North Carolina next week for the Wells Fargo Championship, where Derek Ernst parred the first playoff hole last year to defeat David Lynn and collect his first career win. Brett Anderson Jersey . Hoefl-Rieschs exit — from the downhill course into safety nets, then airlifted from the slope by helicopter — left Anna Fenninger of Austria favourite to win her first giant crystal trophy one month after becoming an Olympic champion. Dave Winfield Jersey . Ireland was the last unbeaten side in the championship after France fell to Wales on Friday, and was favoured to end a three-match losing run to England with a side with more than twice as many caps, rampant momentum, and added incentive to celebrate Brian ODriscolls world record-tying 139th test cap.ATLANTA - Cobb County officials said Thursday a mix of existing tax revenue as well as new levies on business and tourism will be used to fund the public portion of a new $672 million Braves stadium planned for 2017. Under the terms of a 30-year deal released by the county, the Braves would put in $372 million, or 55 per cent, and Cobb County would be responsible for the remaining $300 million, or 45 per cent. The Cobb County Board of Commissioners is set to consider the deal on Nov. 26. "Its an excellent deal for Cobb County," commission Chairman Tim Lee said in an interview. "Its great to have a national organization like the Braves relocating to Cobb County. Its creating jobs and stimulating the economy." Key details of the planned financing was revealed days after the Braves announced the team was leaving downtown for the suburbs, moving about 10 miles north on Interstate 75. The decision caught many by surprise, including Gov. Nathan Deal and Atlanta Mayor Kasim Reed. Deal has said hes happy the team is staying in Georgia, while Reed has been defending his decision not to compete with Cobb Countys offer. The public contribution for the Cobb County deal is far lower than initial reports of up to $450 million and also below the average of nearly 70 per cent cited by experts. The Braves said in a statement the team would be assuming more than 90 per cent of the upfront costs for the 42,000-seat stadium, minimizing the amount of bonds that would be issued. The stadium would be owned by the Cobb-Marietta Coliseum and Exhibit Hall Authority and operated by the team. The Braves would pay $6.1 million annually in rent and payments from naming rights, parking and advertising revenue, and that money would cover the teams annual bond obligation, according to information provided by the county. "This is a very sound deal for the Braves, the Cobb taxpayer and the Cobb business community," said Mike Plant, the Braves executive vice-president of business operations. The team has no plans to use personal seat licenses to help pay for the stadium, said Derek Schiller, the Braves executive vice-president of sales and marketing. The licenses have been an unpopular element of other stadium deals and require an upfront fee from season ticketholders. Under the plan, the county would use a mix of $9.61 million in existing revenue and $8.29 million in new taxes on business and tourism to collect the $17. Jose Bautista Jersey. million per year to cover the principal and interest of its share of the 30-year bonds that would be issued, according to the terms. It was not immediately clear what revenue sources might be used for capital maintenance expenses to be shared by the team and the county. Georgia State University economics professor Bruce Seaman said the plan appeared balanced with multiple sources of revenue, although he cautioned transportation must be a priority given existing traffic congestion in the area. "Additional congestion is a property value killer," said Seaman, who has done some fiscal analysis for the Braves. He said traffic could adversely affect any property value appreciation included in the countys revenue estimates. The project does include $14 million toward transportation improvements, although the long-term infrastructure plan remains to be seen. Of the new taxes, the county plan calls for $5.5 million would be generated annually through a new levy on area businesses, as well as $400,000 in a new 3 per cent car rental tax in unincorporated parts of the county and $2.7 million from a new $3 per-room, per-night charge for surrounding hotels and motels. Brooks Mathis with the Cobb Chamber of Commerce said the deal has the support of the business community and noted there were no plans for residential tax increases. "The businesses in the immediate area are all on board," Mathis said. "They know that they will benefit directly from this investment by the Braves in the community." Cobb County officials also plan to reallocate $8.67 million annually in existing property tax revenue. That money is currently being used to pay off another bond that will expire in three years, when the stadium bonds are expected to be issued, according to the commission chairman. In addition, a local business improvement district has pledged $10 million. Atlantas mayor has said the city couldnt afford to match Cobb Countys offer, saying the city would have been forced to take on some $200 million in debt to appease the Braves while facing a $900 million backlog in infrastructure projects. Through a spokesman, he declined comment Thursday on details of the Cobb financing. ___ Follow Christina Almeida Cassidy on Twitter: http://twitter.com/AP_Christina. ' ' '

 
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