Posted on Mayor Antonio Villaraigosa’s website in the last hour, this astonishing promotional video for AEG’s unexamined, ill-defined plan for a downtown NFL stadium and takeover of the LA Convention Center.
The mayor — who has appointed his deputy Austin Beutner to protect the public interest — guarantees it will be 100 percent privately financed, not one cent of any kind of public money will go into it.
Surely that includes the land, demolition of half the Convention Center and the parking lot, all road, freeway and infrastructure costs and means the city will get all — 100 percent — of all tax revenues.
You can trust the mayor — he’s negotiating the deal and always looks after the public interest. Doesn’t he?