City OKs NFL Stadium

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A Los Angeles City Council committee gave a tentative blessing today to construction of a $1.1-billion NFL Stadium downtown and an estimated $315-million convention center hall, despite some concerns over the pending sale of development company AEG. With a little luck and some deep pockets, the NFL will be playing in a dazzling new stadium in Los Angeles in 2016. The agreement includes a community benefits package that requires AEG to provide money for job training and streetscape improvements. It also has a local-hire component intended to offer jobs to workers in communities adjacent to the stadium that suffer from high unemployment rates. The green light for the 76,000-seat stadium hinges on AEG’s ability to secure a football team to move to Los Angeles. This decision clears way for Los Angeles to pursue a franchise in earnest and gives AEG the full ability to go get a team.