SBD/4/Facilities Venues

ARLINGTON OFFICIALS CLOSELY WATCHING DALLAS ARENA TALKS

     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).
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