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BUILD A RINK, GET A TEAM: ORR-TSONGAS TEAM SCORES IN MA
Published June 6, 1995
After the city of Lowell, MA, announced yesterday the approval of a bond issue to build a hockey arena, AHL President & CEO Dave Andrews announced this morning that former U.S. Senator Paul Tsongas and NHL Hall of Famer Bobby Orr have been awarded a "conditional franchise" for Lowell. The team would begin play in the '96-97 season (AHL). THE DEAL: The city of Lowell approved two bond issues totalling $6M last week to help finance construction of a $32M hockey arena/convention complex and an adjacent $8M baseball stadium, according to the BOSTON HERALD. The city hopes to attract a minor league baseball team to add to the AHL franchise. The stadium hinges on the success of Lowell's bid to attract a New York-Penn League Single-A team, but the arena/convention center was to have been built with or without the AHL. The arena/convention complex will be paid for with $2M in city bonds, $4M from UMass-Lowell (whose hockey team will also use the arena), $20M in state funds and $4M in private financing (BOSTON HERALD, 6/6).