Report: Falcons stadium negotiations hit wall (VIDEO) – Atlanta Business Chronicle

Friendship Baptist Church wants a meeting with Atlanta Mayor Kasim Reed to discuss selling its property to make way for the new $1 billion Falcons stadium – and more money, but the city doesn’t seem interested in giving the church either, reports Atlanta Business Chronicle broadcast partner WXIA-TV.

Mayor Kasim Reed told the station last week the church wants $24.5 million to move. Reed says that’s simply too much. The city initially offered $13.5 million and later counter offered with $15.5 million, he said.

Lloyd Hawk, the chairman of the board of trustees for the church, wouldn’t confirm the numbers, but told the station the city must make a deal that would cover its land and the costs associated with moving. Hawk said his focus is the church’s financial health and the community it serves, not Falcons fans.

“If they feel five or six million dollars makes a difference in a billion dollar project, that’s their prerogative,” said Hawk.

via Report: Falcons stadium negotiations hit wall (VIDEO) – Atlanta Business Chronicle.