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HALOS COULD FLOAT TO ANOTHER CITY IF ANAHEIM BALKS
Published April 27, 1995
Negotiations between the Angels and City of Anaheim for a new stadium "have been put on the back-burner," according to this morning's L.A. TIMES. Angels President Richard Brown said he continues to receive "feelers from other cities interested in attracting the team." Brown said the Angels and the city are still about $4M a year in debt service apart on a deal for a $215M, 43,000-seat facility, which the team hopes build next to Anaheim Stadium by '99. The team has asked the city for concessions in their current lease, which would let them retain more stadium revenue, but the city will only amend it if the team makes a long-term commitment to the new stadium. Brown: "We still have plenty of time to reach an agreement to have a stadium ready for the 1999 season" (Mike DiGiovanna, L.A. TIMES, 4/27).