Spectacor Limited Partnership

A committee of the Los Angeles County Grand Jury is conducting an inquiry into the agreement reached last September under which the Raiders football team will remain in Los Angeles in exchange for a $145-million reconstruction of the Coliseum and a reported $42 million in private payments and credits. Coliseum Commission President N. Matthew Grossman said the four-member committee, headed by Herbert L.

WANTED: A home. Place to work and place to play. Previous arrangement with landlord no longer applicable. Current home is 17-acre, $116-million fixer-upper. Near good school. Excellent landscaping; not much of a view. Riot damage negligible. Need someone either to finance major remodeling or supply alternative housing. Already relocated once; not eager to do so again. You play ball with us and we'll play ball with you. Open house Saturday, 1 p.m.; admission will be charged.

The recent deal to keep the Raiders playing in the Los Angeles Coliseum has been blasted by Supervisor Pete Schabarum, a member of the Coliseum Commission who was out of town and did not vote on the commission's part of the agreement earlier this month.

City Councilman Joel Wachs called Wednesday for an investigation by the council of the circumstances involved in the collapse of a plan by the Spectacor partnership to renovate the Los Angeles Memorial Coliseum with private financing. "If this project is a bad one for private investors, then it certainly must be a bad one for the taxpayers," said Wachs, who has a resolution pending in the council opposing the use of any public money for Coliseum renovations.

Raiders owner Al Davis signed a contract Tuesday to keep his professional football team in Los Angeles after reaching agreement with the Coliseum's management firm on a privately financed renovation of the historic old stadium. The announcement followed tortured negotiations over terms for keeping the team from moving to Oakland. Davis said he made the "tough" and "emotional" decision only Monday night. "You have to make a choice," Davis told reporters.

The luxury suites that will be available in 1994 at the renovated Coliseum have gone on sale for $90,000 a year, except in the end zones where they are $70,000, the Coliseum's private managers said Wednesday. This would make the Coliseum suites among the most expensive in the NFL, but still not as high as some in Philadelphia, the New Jersey Meadowlands or suburban Boston.

Coliseum Commission officials said they made no progress Wednesday in attempts to arrange financing for a $116-million renovation of the Los Angeles Memorial Coliseum, and the developer planning the renovation said it appears likely that the project will be postponed at least a year. William Robertson, the commission's president, said a proposed commission grant of $4 million to expedite planning will not be voted on until the Coliseum's private managers, the Spectacor Management Ltd.

City Councilman Joel Wachs called Wednesday for an investigation by the council of the circumstances involved in the collapse of a plan by the Spectacor partnership to renovate the Los Angeles Memorial Coliseum with private financing. "If this project is a bad one for private investors, then it certainly must be a bad one for the taxpayers," said Wachs, who has a resolution pending in the council opposing the use of any public money for Coliseum renovations.

Coliseum Commission President William Robertson warned Tuesday that the Los Angeles Raiders could move if $4 million in public funds to renovate the Coliseum is not advanced to the stadium's private managers, the Spectacor partnership.

WANTED: A home. Place to work and place to play. Previous arrangement with landlord no longer applicable. Current home is 17-acre, $116-million fixer-upper. Near good school. Excellent landscaping; not much of a view. Riot damage negligible. Need someone either to finance major remodeling or supply alternative housing. Already relocated once; not eager to do so again. You play ball with us and we'll play ball with you. Open house Saturday, 1 p.m.; admission will be charged.

Coliseum Commission officials said they made no progress Wednesday in attempts to arrange financing for a $116-million renovation of the Los Angeles Memorial Coliseum, and the developer planning the renovation said it appears likely that the project will be postponed at least a year. William Robertson, the commission's president, said a proposed commission grant of $4 million to expedite planning will not be voted on until the Coliseum's private managers, the Spectacor Management Ltd.

Coliseum Commission President William Robertson warned Tuesday that the Los Angeles Raiders could move if $4 million in public funds to renovate the Coliseum is not advanced to the stadium's private managers, the Spectacor partnership.

The luxury suites that will be available in 1994 at the renovated Coliseum have gone on sale for $90,000 a year, except in the end zones where they are $70,000, the Coliseum's private managers said Wednesday. This would make the Coliseum suites among the most expensive in the NFL, but still not as high as some in Philadelphia, the New Jersey Meadowlands or suburban Boston.

While the private managers of the Los Angeles Memorial Coliseum have reason to herald their plans for the upcoming renovation, a Times review has found their boast of providing more seats between the goal posts to be misleading and exaggerated by thousands. Using their own definition of what constitutes seats "between the goal posts," Spectacor officials have said the privately financed renovation will add 18,000 of those seats for all Raider and USC football games.

A committee of the Los Angeles County Grand Jury is conducting an inquiry into the agreement reached last September under which the Raiders football team will remain in Los Angeles in exchange for a $145-million reconstruction of the Coliseum and a reported $42 million in private payments and credits. Coliseum Commission President N. Matthew Grossman said the four-member committee, headed by Herbert L.

The recent deal to keep the Raiders playing in the Los Angeles Coliseum has been blasted by Supervisor Pete Schabarum, a member of the Coliseum Commission who was out of town and did not vote on the commission's part of the agreement earlier this month.

While the private managers of the Los Angeles Memorial Coliseum have reason to herald their plans for the upcoming renovation, a Times review has found their boast of providing more seats between the goal posts to be misleading and exaggerated by thousands. Using their own definition of what constitutes seats "between the goal posts," Spectacor officials have said the privately financed renovation will add 18,000 of those seats for all Raider and USC football games.

The long process of renovating the Los Angeles Memorial Coliseum in accord with the agreement to keep the Raiders playing in the city gets under way next week with a four-day workshop to gather expert ideas for designing a new, smaller stadium that conserves the facility's historic elements.

Raiders owner Al Davis signed a contract Tuesday to keep his professional football team in Los Angeles after reaching agreement with the Coliseum's management firm on a privately financed renovation of the historic old stadium. The announcement followed tortured negotiations over terms for keeping the team from moving to Oakland. Davis said he made the "tough" and "emotional" decision only Monday night. "You have to make a choice," Davis told reporters.