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LIONS AND TIGERS ROAMING THE CITY?
Published June 3, 1996
Oakland County, MI, officials believe Lions execs have been meeting with Detroit officials moving the team from Pontiac to a stadium in the city where both the Lions and Tigers would play (DETROIT NEWS, 6/1)....According to a Congressional Research Service report published May 29, sports stadiums financed by tax- exempt bonds generally do not generate enough economic benefit to justify federal, state and local government subsidies (THE DAILY). But a study by a team of UNC Charlotte MBA students concluded that sports arenas generally contribute to economic development when they are located "in urban areas with an established commercial base" (CHARLOTTE OBSERVER, 6/3)....Prince George County, VA, (south of Richmond) is offering a 300-acre site for a baseball stadium to compete with three sites in Northern VA (RICHMOND TIMES-DISPATCH, 6/2)....Broward County officials are studying the fine points of a proposed lease for a new $212M arena, particularly whether the lease is too favorable to Panthers Owner Wayne Huizenga and a clause that says the arena must kept to the same standards of any arena within 100 miles (MIAMI HERALD, 6/2).