Canucks Set To Debut Bar At Rogers Arena Indian Wells Renovation Nearing Completion Kentucky Gov. Discusses Yum! Center Plan Billboards Outside Nationals Park Pass First Vote Reebok Confirms Move Of HQ To Boston South Carolina Looking At Stadium Upgrades? Chargers Continue Exploring Stadium Options Louisville AD: School Unwelcome At Yum! Center Clock Ticking For Oakland On Raiders Deal Lott Hopeful Of Raiders Stadium Deal In Oakland
PRIVATE FINANCING SECURED FOR DISTRICT'S MCI CENTER
Published September 14, 1995
Bullets/Caps Owner Abe Pollin yesterday released a statement saying the private financing for DC's new downtown arena, MCI Center, has been secured. The release notes financial papers have been delivered to DC's Redevelopment Land Agency, including a "firm" commitment letter from NationsBank, a letter to DC Mayor Marion Barry from NationsBank on the funding, a letter to Barry from MCI outlining its financial commitment, and a memo describing sources and use of funds. Groundbreaking on construction of MCI Center is scheduled for October 18 (MCI Center).