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Los Angeles outlines financing plan for downtown NFL stadium

Jul 26, 2011 12:21:27 AM- latimes.com
Los Angeles leaders propose financing a downtown NFL stadium by issuing millions in bonds to be repaid by developer AEG and with revenue generated by the project.

Los Angeles officials produced their financing plan Monday for a downtown Los Angeles NFL stadium and new $275-million wing of the city Convention Center, saying it would protect taxpayers by requiring the developer to absorb a greater share of the costs and risks.

USA, California: (Latest Stories)