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Warriors arena means millions for S.F.

Friday, November 9, 2012

WN.com - Sport News
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Warriors arena means millions for S.F.
Nov 10th 2012, 06:48

Estimates that San Francisco city coffers would receive almost $54 million in one-time revenue and up to $19 million a year from a new waterfront arena that the Golden State Warriors want to build are "reasonable" projections, according to an analysis released Friday. But that money is based on having events at the multiuse arena more than half of the year, a frequency opposed by some nearby residents concerned about traffic, cleanup and crowds spilling into their neighborhood. "Besides the actual programs themselves, there's also the staging, which means even more days," said Barbara Inaba, a neighbor. "I don't know how all of these people are going to get into this arena." Reimbursing the...

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