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HORNETS, CITY OF CHARLOTTE WORK ON A COMPROMISE
Published January 30, 1995
Negotiations for a compromise that calls for $7M worth of renovations to the Charlotte Coliseum between the city and the Hornets have begun, according to Saturday's CHARLOTTE OBSERVER. The compromise would bring "new luxury suites, a club/restaurant and other amenities to the Coliseum," but not the new skyboxes that the Hornets want. If an agreement is reached, it "would help ensure that the Hornets get the $5 million in additional revenues," and could keep the team from leaving the Coliseum (Chapman & Mehrtens, CHARLOTTE OBSERVER, 1/28).