Erie County Executive Mark Poloncarz met with Buffalo Bills Executives for over two hours Monday, June 18th, discussing the new lease for Ralph Wilson Stadium. Poloncarz characterized the meetings as encouraging. “We had a good negotiation sessionand I stand by what I have been saying which is we hope to have the major negotiation points agreed to by the beginning of Bills Training Camp. That doesn’t mean we will have a new lease by then by any means but we hope to have the major negotiation points agreed to at that time. I then plan on having a new lease agreement in place by the end of the ,” said Poloncarz.
The Bills are reportedly looking for over $200 million in improvements to the thirty-nine year old facility which was constructed in 1972 for $22 million dollars. The stadium is owned by Erie County and leased to the Buffalo Bills who in turn operate the stadium and retain all profits. The current lease expires in July of 2013.
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