Officials at the City of Mesa have announced a press conference for 10:30 AM on June 3rd. The stated purpose of this meeting is to reveal a new funding plan for the Chicago Cubs spring training facility. Participants include the mayor, the city manager, Cactus League representatives and various business leaders within the community. Perhaps of significance is the mention of hotel executives to be present at this time.
Since this is the fourth or fifth financing plan to be publicly revealed, it is hard to tell whether it will be the last, but the clock is ticking toward the July 12 final agreement deadline stated in the memorandum of understanding signed back in January. Also, it is unclear whether the Cubs preferred development site at Red Mountain Ranch will finally be made official at this meeting.
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