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L.A. ARENA DEVELOPERS SAY INITIATIVE AN ARENA KILLER

          Developers of a new downtown L.A. arena "vowed
     Wednesday to abandon their plans" if a proposed initiative
     requiring popular votes on publicly subsidized pro sports
     facilities qualifies for the ballot, according to Ted
     Rohrlich of the L.A. TIMES.  Rohrlich: "The statement
     represented a significant toughening of the developers'
     previous public position that they would probably abandon
     the project if the proposed initiative by Councilman Joel
     Wachs receives the 62,000 signatures it needs in the next
     four months to qualify for a spot on the ballot sometime
     next year.  The developers also indicated that they are
     willing to wage a publicity campaign to dissuade voters from
     signing the councilman's petitions."  Anschutz Corp.
     President Cannon Harvey: "We will certainly do what is
     necessary to make sure that Mr. Wachs' proposed initiative
     is well understood by the voters" (L.A. TIMES, 9/18).

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