SBD/2/Facilities Venues

BREWERS PLAN STARTING TO TAKE SHAPE

     While terms of the Milwaukee business community's $14M in
pledged assistance toward a Brewers stadium continue to be
"hammered out," Northwestern Mutual Life and Johnson Controls --
the largest private and public companies in the state -- are
ready to participate, according to the MILWAUKEE JOURNAL
SENTINEL.  Meanwhile, funding from the city in the form of a $15M
loan is also coming together.  The exact structure of the loan is
still unclear, but one scenario has the city borrowing the $15M
and funneling it to the city Redevelopment Authority.  The
Authority would then pass the money over to a non-profit
corporation, which would loan it to the Brewers.  A resolution
endorsing the loan will be introduced at the next Council meeting
on July 12 (MILWAUKEE JOURNAL SENTINEL, 7/2).  Meanwhile, the
five-county sales tax approved by the WI Legislature last fall to
pay for $160M of the stadium's $250M price tag is now expected to
bring in $24.8M by June '97 -- 13% more than originally
anticipated (MILWAUKEE JOURNAL SENTINEL, 7/2).
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Facilities, Milwaukee Brewers

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