Yahoo: Seattle officials express support for NBA arena plan (Reuters)

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(Reuters) - The city of Seattle took a key step on Tuesday toward the goal of bringing the NBA back to town as three City Council members gave their support for an arena financing deal with hedge fund manager and aspiring NBA franchise owner Chris Hansen. Seattle City Councilman Tim Burgess said he expected the deal to have enough support to win approval when he and the other two council members present the proposal to the full nine-member council as early as Monday. The council had earlier expressed skepticism about the arena plan. ...

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