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Spur chairman excited that the Spurs plan is moving forward

Spurs Chairman Peter J. Holt said he was excited about the terms sheet approval and the upcoming November vote, saying he was glad to be moving with forward momentum.

When asked about the section of the terms sheet that guarantees the city's minimum wage as the entry level wage for full-time employees at the future arena, Holt would not commit to paying part-time employees that same minimum.

The city's minimum wage is $18 an hour, and Spurs Chief Legal Officer Bobby Perez said as few as 700 to more than 1,000 part-time employees currently work at the Frost Bank Arena for any given event.

District 5 Councilmember Teri Castillo said she would continue push with local unions to ensure arena workers would be fairly compensated in the new arena.