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TAMPA SECURES BOND DEAL TO FUND DOWNTOWN TAMPA ARENA
Published July 17, 1995
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).