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FUNDING NEW ARENA IN ATLANTA MAY NEED PUBLIC'S HELP
Published August 3, 1995
Public money "will likely be required" to help build a $200M arena for the Hawks and a possible Atlanta NHL team -- whether it goes downtown or in the suburbs, according to today's ATLANTA CONSTITUTION. If the arena goes downtown, it may be partly financed by some new tax generating $4-5M a year. Several ideas have been floated by city officials, including a restaurant or a ticket tax, but no decision has been made. GA House Speaker Tom Murphy said yesterday that Atlanta Mayor Bill Campbell thinks the city "would need some sort of 'amusement tax'" to finance a downtown arena (Sporata & Unger, ATLANTA CONSTITUTION, 8/3).