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OAKLAND MAKING A NEW PITCH TO AL DAVIS
Published September 26, 1994
The chief negotiator for the Oakland-Alameda County Coliseum, Ed De Silva, is working out the "final details of an offer" to Raiders Owner Al Davis that includes major stadium renovations and a commitment by the football team to return to Oakland for at least 15 years. De Silva said the new offer -- "which could be brought to the Coliseum board of directors as early as next month" -- involves the sale of bonds by the city of Oakland and Alameda County to finance stadium reconstruction. The Oakland proposal calls for city and county construction bonds to be paid off with football revenues. De Silva "declined to discuss specifics of revenue-sharing or stadium renovations, saying details are still being worked out." The renovations would be similar to those proposed during Oakland's '90 attempt to lure back the Raiders. "One major difference" from the '90 offer is that the Raiders would not be guaranteed income. Any offer to the Raiders would first need the approval of the Coliseum board, the Oakland City Council and the Alameda County Board of Supervisors (Judy Ronningen, S.F. CHRONICLE, 9/23).