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September 5, 2013

The Financial Picture

Major financial contributors to the Gloucester Fisherman Athletic Association and city of Gloucester’s Newell Renewal project:

$1.5 million — City of Gloucester through project bonds.

$500,000 — New Balance athletic wear, for naming rights to the field (New Balance Track and Field at Newell Stadium).

$500,000 — Commonwealth of Massachusetts PARC Grant (Parkland Acquisitions and Renovations for Communities).

$150,000 — The Dusky Foundation.

$50,000 — BankGloucester.

$50,000 — Cape Ann Savings Bank.

$50,000 — Gorton’s of Gloucester.

$15,000 — Sudbay Motors.

$15,000 — The Building Center.

$10,000 — Timberline.

$300,000-plus — GFAA grass-roots funding drive.

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