SBD/9/Facilities Venues

PROPOSAL IN PA WOULD SELL "BITS AND PIECES" OF STADIUM

          Allegheny County and Pittsburgh officials are "studying
     the possibility of selling bits and pieces of new football
     and baseball stadiums as a way of increasing private
     investment in the projects," according to Belko & Barnes of
     the Pittsburgh POST-GAZETTE.  Private investors who owned
     stadium assets like "seating, scoreboards, or other
     equipment," could "reap tax benefits" by writing off the
     "cost of depreciation" on such equipment.  The plan was
     discussed last week and may be announced this week by city
     officials as they work on a $777M "so-called Plan B for
     financing the new stadiums" and expanding the city's
     convention center.  In related news, Allegheny County's
     Department of Economic Development has hired IL-based
     stadium consultant Marc Ganis, who heads SportsCorp Ltd.,
     for advice on the financing issues (POST-GAZETTE, 3/6).
          DEALMAKER: In San Jose, Renee Koury profiled Ganis, who
     "created" the Raiders seat-license plan.  NFL
     VP/Communications Greg Aiello, on Ganis: "He's got ideas and
     expertise.  He seems to get things done.  He's a personable
     guy.  And he's a wheeler-dealer" (S.J. MERCURY NEWS, 3/8).

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