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Volume 24 No. 117
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RAPTORS UNHAPPY AT CITY'S REQUEST TO PAY FOR LAND

     The Raptors are telling the city of Toronto they will not
pay for a piece of land that is an "integral" part of the team's
C$200M arena development, according to the FINANCIAL POST.  In a
letter to city officials, Raptors Stadium Project Dir Jay Cross
explained that the benefits Toronto will get from a downtown
arena should be "more than ample compensation" in place of the
C$1.6M the city has requested.  Toronto Councillor Michael
Walker: "As far as I'm concerned, they're not getting a nickel
from the taxpayers."  The Council's executive committee is
expected to discuss the matter today (FINANCIAL POST, 5/31).