TITLE

Initiative fear spurs developer to sweeten L.A. Arena deal

AUTHOR(S)
Berkman, Leslie
PUB. DATE
October 1997
SOURCE
Bond Buyer;10/10/97, Vol. 322 Issue 30249, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that Los Angeles, California city councilman Joel Wachs has unveiled a revised deal with prospective builders of the downtown sports arena L.A. Arena Co. Assignment of risk for $58 million of debt; Developers' pursuit of exemption from a Wachs initiative that seeks to have voters approve public subsidy for professional sports facilities in the city.
ACCESSION #
9710256984

 

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