Wolff: No Interest In "Coliseum City" Concept NRG Stadium Needs Upgrades For '17 Super Bowl Live Nation, Legends Ink Amphitheater Deal Dolphins To Sell Standing-Room Only Tickets Training Home Of Mariners, Padres Gets Upgrades Facility Notes Carson Officials Shrug Off Inglewood Deal Saints, Pelicans Getting Building Upgrades Heat Could Face Steeper Rent For Adjacent Lot Seattle Mayor Ready To Fast-Track Arena
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BOND PACKAGE APPROVED FOR DC DOWNTOWN ARENA PROJECT
Published August 18, 1995
The DC Redevelopment Land Agency (RLA) yesterday approved a bond underwriting package to finance the downtown sports arena, according to the WASHINGTON TIMES. Merrill Lynch, PaineWebber, and Pryor, McClendon, Counts & Co. will underwrite the $53M in costs the District "must bear" to help Caps/Bullets Owner Abe Pollin build the arena. RLA officials are now waiting for a letter of commitment from Pollin outlining his plans for financing the remainder of the project (Lorraine Woellert, WASHINGTON TIMES, 8/18).