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ADDITIONAL CHARLOTTE COLISEUM SUITORS ENTER THE FRAY
Published April 1, 1997
The Charlotte City Council received two letters yesterday, which said that if the city plans to sell the Coliseum, "others besides [Hornets Owner George] Shinn are interested" (Mary Elizabeth Deangelis, CHARLOTTE OBSERVER, 4/1). Interviews with Shinn and others have indicated that Shinn "will negotiate for a lot more than just the building," including 155 city-owned acres at the Coliseum site, 18 additional acres nearby, a property tax break for "several years," and a lease on Independence Arena "that will allow him to reduce competition" with the Coliseum (Ames Alexander, CHARLOTTE OBSERVER 3/28). Citizens groups calling for a referendum on an uptown arena "credited" their efforts in leading to Shinn's decision to drop the plan. An OBSERVER poll showed 81% of Charlotteans favored a referendum. Shinn: "The referendum didn't scare me. The only thing that bothered me is that it was going to take time to do it" (CHARLOTTE OBSERVER, 3/28).