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ARLINGTON OFFICIALS CLOSELY WATCHING DALLAS ARENA TALKS
Published January 4, 1996
As negotiations continue in Dallas on a new arena for the Stars and Mavericks, officials in Arlington "refuse to abandon hope" that their city could be home to the teams, according to the FT. WORTH STAR-TELEGRAM. While Ft. Worth Mayor Richard Greene concedes a Dallas city plan to heavily subsidize an arena makes it likely an arena will be built in downtown Dallas, he is not withdrawing Arlington's offer to build a $140M multi-use facility with luxury boxes and sky suites. Reports this week indicate that Dallas has offered Mavericks Owner Donald Carter $43M in cash toward construction of a $141M arena. In addition, Dallas would provide tax incentives worth $88M and not require the Mavericks to begin making lease payments for five years (Christopher Ave, FT. WORTH STAR TELEGRAM, 1/4).