Austin City Council voted 6-1 in favor of postponing the “Formula One decision” — i.e., the the decision on whether the City will sponsor the event, thereby allowing it to receive $25 million per year in state taxpayer funds from the Texas Comptroller — until next Wednesday. With the exception of Mayor Leffingwell, councilmembers agreed that more time was needed to review the agreement documents proposed to the City by Formula One proponents. On a sidenote, newly elected councilmember Kathie Tovo — who has clearly
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