After nearly a month of negotiations, the city of Austin and Precourt Sports Ventures have carved out the basic shape of a potential Major League Soccer stadium deal at a North Austin site.
The city posted Friday evening a term sheet for a professional soccer stadium at McKalla Place, a 24-acre site owned by the city just south of the Domain.
"The term sheet … is the result of the negotiations and contains the basic terms to be included in definitive agreements to be drafted by the city and PSV,"…