SBD/17/Facilities Venues

TAMPA SECURES BOND DEAL TO FUND DOWNTOWN TAMPA ARENA

     Lightning execs David LeFevre, Steve Oto and Chris Philips,
along with lawyers, lender representatives and NHL officials
reached a bond deal Friday night which will completely fund a new
downtown Tampa arena, according to the TAMPA TRIBUNE.  There are
five bond issues involved.  Three are public: with the state of
Florida, Hillsborough County, and the City of Tampa.  The two
private issues are with Shawmut Bank in Boston, New York Life and
the Teachers Insurance Association.  Tom McEwen reports the bond
issues will be for "about $80 million," with hopes of the arena
being completed by October 1, 1996 (TAMPA TRIBUNE, 7/17).
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