Atlanta city officials have found the private funds needed to purchase Mount Vernon Baptist Church, potentially clearing the last obstacle to building the new Atlanta Falcons stadium on Martin Luther King and Northside Drives, a source close to the negotiations confirmed Wednesday.
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Oct. 1: This is the deadline for the Falcons to complete their feasibility study of the “north site.” If the Falcons and the GWCCA have not agreed that one site or the other is feasible by this date, then either party has the right to terminate the stadium agreement signed in April. This also is the date by which the Falcons, GWCCA and city of Atlanta are scheduled to sign more definitive transaction documents, which require an agreement on site.
Oct. 31: Deadline for completion of preliminary schematic drawings.
Mid-2014: Construction is scheduled to begin.
March 2017: Construction is scheduled to be completed.