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Atlanta promises $77 million to NASCAR bet City-state deal today worth $169 million By WALTER WOODS, TY TAGAMI Printed on: 03/01/06 The town of Atlanta said Wednesday it'll account an enormous part of a planned NASCAR hall of fame at Centennial Olympic Park. It's a play to wrest the appeal from Charlotte, which needs to be selected whilst the museum's host area. Atlanta Mayor Shirley Franklin has committed a massive $77 million to the NASCAR appeal, including a million grant from a current plan to promote growth downtown and $62 million in city-backed securities. Franklin's new promise is likely to be along with $25 million in bonuses Gov. Sonny Perdue pledged for the appeal early in the day this season. The city's motion provides Atlanta's NASCAR hall of fame bet from $92 million, including Perdue's state obligations, bank loans and corporate service, to $169 million. "We are definitely thrilled that Gov. Mayor and Perdue Franklin see this work whilst the correct financial engine that people assume it to be," mentioned Mark Lazarus, seat of the NASCAR Bid Committee and leader of the Turner Entertainment Group, a NASCAR companion. "We only found a great deal more power to pursue the NASCAR Hall of Fame." Charlotte boosters are expectant of NASCAR to choose that town whilst the hall of fame site the moment Monday, based on some media stories. But a spokesman mentioned Wednesday morning the procedure is still continuing, and Atlanta is still in the running. City and state authorities have now been employed by months to improve Atlanta's hall of fame bid after NASCAR CEO Brian France said he was much more comfortable with the general public income behind Charlotte's bid. Charlotte's $137.5 million bet is nearly completely financed with a situation land grant and a hotel/motel duty. "Georgia's exemplary economic motivation along with our capability to instantly attract visitors from around the world give people what I really believe to function as the successful bid for the NASCAR Hall of Fame," Perdue said in a record. "The state of Georgia and the town of Atlanta stay poised and ready whilst the latest person in our family" to welcome NASCAR. A.J. Robinson, leader of Central Atlanta Progress and mind of the regional bet group, said Franklin's motion Wednesday was section of a bigger economic development arrange for the town. "I believe the rippling impact that the Georgia Aquarium is having development and the effect of new food business jobs was totally jeep with Mayor Franklin's economic perspective because of this city," he explained.