Wednesday, February 25, 2015

Chargers Raiders Stadium Los Angeles Will Have Public Financing

Chargers Raiders Stadium Los Angeles Will Have Public Financing The proposed 1.7 billion stadium for the San Diego Chargers and The Oakland Raiders is said to be privately financed but don't believe it. The main question no one has asked (except me) is who will back the bonds that will be issued? Who will issue them? The stadium developers claim they will use different revenue streams to pay fje the stadium. Old news. That points to a lease revenue bond. And someone or organization has to back those bonds should they default. There is a reason the Carson elected officials are involved. It's not for zoning changes. It's because the developers intend to ask Carson to back the bonds. The Raiders Deal all over again





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