Home Business Metro's Wallet Could Lose $166M in "Capital One" Dispute

Metro’s Wallet Could Lose $166M in “Capital One” Dispute

Capital One needs the station close to its corporate HQ to be renamed McLean-Capital One Hall to perceive a 1,600-seat theater it’s a structure
A Virginia Senate budget alteration would obstruct the D.C. area’s Metro framework from accepting, at any rate, $166 million in state subsidizing except if it adds the name of Capital One bank to a Northern Virginia Metrorail station.
Capital One needs the McLean station close to its corporate central command to be renamed McLean-Capital One Hall to perceive a 1,600-seat theater its structure on the campus.
Capital One offered to pay $320,000 in expenses related to the name change, yet the destitute Metro organization has demonstrated it needs more money than that to sell or rent the naming rights.
Washington reports that Sen. Janet Howell, D-McLean, director of the Senate Finance Committee, embedded budget language to retain subsidizing from Metro on the off chance that it doesn’t consent to the change. She said the bank is in effect unjustifiably “crushed for money.” Capital One’s central command is situated in Howell’s area.
The General Assembly has not yet affirmed the last budget, so it isn’t yet clear if Howell’s alteration will endure and become law. 

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