Downtown L.A. Stadium Plan Gets Fast-Track Okay From Gov. Jerry Brown
Brown signed the bill that would allow AEG to take any legal challenges to its environmental impact reviews for the planned, 72,000-seat venue straight to appellate courts. That makes it hard for anyone but a large, deep-pocketed organization from trying to stop the project.
The fast-track is on for AEG, even as ...
... it's not yet clear if it will get a team.
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The company wants to tear down the publicly owned West Hall of the L.A. Convention Center to build the venue. It also wants about $300 million in cash guaranteed by taxpayers, though it says it will also guarantee a payback and then some via taxes.
[Added]: Stadium-plan collaborator and sports business mogul Casey Wasserman issued this statement:
By signing the bill today, Governor Brown is showing his support of job creation and downtown revitalization. We appreciate his commitment to our long-term goal of bringing a stadium, a team and thousands of jobs to Los Angeles.
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