August 6, 2012 Update
Although negotiations are still ongoing, an agreement with Mandalay/Braves will not be voted on at the August 7 City Council meeting. Council will, however, hold a public hearing at the meeting regarding a bond referendum, not to exceed $37 million for the cost of the stadium and land in order to meet the deadline to get something on the November ballot.
If Council approves moving forward with the bond referendum, they will then act on a resolution that would provide official agreement to put the issue on the Nov. 6 ballot. Council is also expected to direct staff to continue working on land acquisition for the stadium, even as details of the final agreement with Mandalay/Braves are being negotiated.
August 3, 2012 Update
A final agreement has not yet been reached and as of August 3, negotiations are still ongoing. City Council will discuss the agreement at their August 7 meeting, but nothing has been finalized and would be subject to change if/when a deal is reached.
Baseball-related items currently posted on the city's website for the August 7 City Council agenda: