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COMMISSION UNVEILS PLAN FOR LUXURY SUITES AT L.A. COLISEUM

     A plan unveiled Wednesday at a meeting of the L.A. Coliseum
Commission calls for 42 luxury suites to be built this year in
two rows atop a new press box at the Coliseum.  The proposed
construction would cost $17M and a decision of whether or not to
go ahead with the project will have to be made by March.  The
deadline would "allow enough time to finish the press box and
private luxury suites by the beginning of the fall football
season."  The costs of the current renovations to the Coliseum
are now estimated to be slightly more than $92.7M, up from last
month's estimate.  Steven Soboroff, a Coliseum commissioner, said
that "he hopes that after obtaining funds from a new concessions
contract at the Coliseum and grants to build the new press box
from the Federal Emergency Management Agency, loans of only about
$5M would be necessary to finance the additional luxury suites"
(Kenneth Reich, L.A. TIMES, 1/5).
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