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KRAFTING AN AGREEMENT: REPORTS HAVE PATS/RHODE ISLAND CLOSE
Published September 16, 1997
RI officials met with Patriots Owner Robert Kraft in Boston yesterday "to try to work out a deal that would lure the team across state lines," according to Tina Cassidy of the BOSTON GLOBE. Another meeting is scheduled for Wednesday. While sources say "that both sides are feeling positive about the negotiations," Patriots VP/ Communications Don Lowery dismissed reports that Kraft has already agreed to move (BOSTON GLOBE, 9/16). In Providence, Christopher Rowland reports that PSLs would be used to raise $43.5M of the stadium financing. Of the 68,000 seats, about 58,000 would be subject to PSLs, "with the majority costing $750 or less" (PROVIDENCE JOURNAL BULLETIN, 9/16).