The Harris County-Houston Sports Authority "acquired
the final piece of land needed" to build the Astros new
downtown ballpark when it completed the last of five eminent
domain proceedings Monday, according to John Williams of the
HOUSTON CHRONICLE. In all five hearings, property owners
received "substantially less than what they had sought"
(HOUSTON CHRONICLE, 11/25)....Abe Pollin, NFL facility
consultant Rick Horrow and economist Roger Noll were
participants at a stadium and arena financing forum at DC's
Brookings Institute. Noll, on proposed legislation by U.S.
Senator Pat Moynihan (D-NY) that would take away the tax-
exempt status of municipal bonds used to finance facilities:
"If Congress eliminated the tax exemption on state and
municipal bonds used to finance sports arenas and stadiums,
the interest rates would go up and cause the public to think
twice about each project" (WASHINGTON TIMES, 11/24).