Monday, October 8, 2012

There is no win win here. The field will create more traffic in the already congested area of downto




Video , LA City Council , LA Football Stadium , Philip Anschutz , Aeg , Anschutz Co. , Farmers Field , La City Council Farmers Field , La City Council Football Vote , La Nfl Stadium , Los Angeles Football Team , Tim Leiweke ,
LOS ANGELES Los Angeles weekend cruises in south florida took a major step Friday toward building a downtown stadium weekend cruises in south florida to lure an NFL team back to the nation's second most populous city, despite questions about how a 72,000-seat venue in the city's urban core would impact notorious freeway traffic, nearby housing weekend cruises in south florida prices and air quality.
The 12-0 vote by City Council came after starkly contrasting predictions about what the $1.5 billion project would mean for an economically troubled city that has fretted over the loss of professional football since the Raiders and Rams fled Southern California in 1994.
Supporters said the deal with developer Anschutz Entertainment Group would create thousands of jobs, a hub of civic pride and new tax dollars weekend cruises in south florida for cash-starved City Hall, while critics warned weekend cruises in south florida that affordable housing would vanish in the neighborhood while traffic would come to a virtual standstill on game days.
Mayor Antonio Villaraigosa said in a statement after the vote that it demonstrates "what we can accomplish when the city family joins together with private partners in a transformational development."
The vote was overshadowed by the recent announcement that AEG was seeking a new owner, though company officials have assured City Hall the stadium plan will remain the same, even if the company changes hands.
The biggest question about the stadium is the most obvious: There's no one to play in it. But the Democratic mayor and other supporters hope the agreement will eventually attract a team or two to one of the nation's most lucrative media markets.
weekend cruises in south florida AEG, also the owner of Los Angeles' Staples Center arena and the NHL's Los Angeles Kings, has deep ties to City Hall. Any deal to buy the company, weekend cruises in south florida a subsidiary of Denver-based Anschutz Co., would mean a major shift in sports and entertainment in the region and around the world.
AEG's holdings include pro soccer's Los Angeles Galaxy, part-ownership of the NBA's Los Angeles Lakers, and major entertainment and real estate holdings in downtown weekend cruises in south florida Los Angeles. Outside the city, AEG owns Major League Soccer's Houston Dynamo and all or part of several weekend cruises in south florida arenas around the U.S. and in Sweden, China and Australia.
The project, which calls for the renovation of an adjacent convention center, is facing a lawsuit weekend cruises in south florida filed by anti-poverty and environmental activists that some predict could delay or derail plans for the stadium, known as Farmers Field. The activist group, Play Fair at Farmers Field Coalition, weekend cruises in south florida is challenging a state law intended to help swiftly resolve legal challenges to the stadium, and it also wants AEG to pay $60 million toward affordable housing in the long-struggling downtown neighborhood.
LOS ANGELES mdash; Los Angeles took a major step Friday toward building a downtown stadium to lure an NFL team back to the nation's second weekend cruises in south florida most populous city, despite questions about how a 72,000-sea...
LOS ANGELES mdash; Los Angeles took a major step Friday toward building a downtown stadium to lure an NFL team back to the nation's second most populous city, despite questions about how a 72,000-sea...
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Lets stop talking and debating and lets start building this thing already. This can only be good for the city of LA. It will continue expand the gentrification of downtown Los Angeles into the surrounding areas like the Pico Union district. weekend cruises in south florida Now there is an area that needs a bulldozer taken to it. This stadium will create thousands of construction jobs and more jobs when the NFL team relocates here. A larger LA convention center means more conventions and more jobs at local hotels and restaurants. All we need to do is put some casinos in some of the hotels in downtown and people will have no more reason to hold their conventions in Las Vegas.
There is no win win here. The field will create more traffic in the already congested area of downtown and on the adjacent freeway ramps. It will increase polution in that neighborhood. There is no team signed to play. The construction on the rebuilt section of the Convention Center requires the city to issue 395 million dollars of bonds. Bonds are debt and they have interest that has to be paid. Where is that money going to come from in a city that is broke. These bonds will have to be issued long before ground is broken and the interest clock starts ticking weekend cruises in south florida the minute they are sold. AEG is trying to sell for a reason. What is that reason? Have they finally sucked all the free money out of LA that Villaraigossa can get for them? I hope the city council votes this fiasco "down". Our Mayor simply wants this stadium to be his legacy. His legacy should have been inproving the city of LA. That was his job. He didn't do it.
I have looked into it and researched it. All of the items mentioned are legitimate concerns. You should look into it and see that the negatives completely outweigh the positives. Job creation: only short term construction, mostl jobs after the stadium opens will be primarily minimum wage. The impact on the surrounding neighborhood will be devastating.
The city is already giving away any and all new taxes revenues which might be generated, weekend cruises in south florida leaving the rest of the property owners to pick up the tab for the infrastructure near the Stadium. That is SOP for LA -- promise that a project will generate great sales taxes income and then give 100% of the sale tax to the developer, look at CIM's Midtown Project. In addition, the developer does not have to pay property weekend cruises in south florida taxes.
Cessation is again on the rise. The only way to stop the crooks in City Hall from utterly destroying the city is for Hollywood, the valley, and San Pedro to start the succession movement again. It will take a few years, but people are already organizing. The only thing that might stop the succession would be the Feds putting all the crooks weekend cruises in south florida in jail. That would include mayor and all councilmembers, the city controller, the city attorney.

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