AUSTIN, Texas -- The Austin City Council has completed its deal with Precourt Sports Ventures for a Major League Soccer stadium, but Travis County is reserving the right to challenge it.

As part of deal the city made with Precourt, the stadium would not produce property tax revenue because the city would own the land and stadium, then lease it back to Precourt. 

Travis County commissioners voted unanimously Wednesday to let the county attorney preserve their right to challenge the tax exempt status of the stadium.

The county also wants to be able to pursue negotiations with the city on expectations for preserving taxable value for publicly owned real estate. 


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