City Council Approves NFL Stadium Agreement With AEG
LOS ANGELES (CBS) — The Los Angeles City Council approved a tentative framework agreement with a private developer that wants to build a 72,000-seat NFL stadium on the city's convention center campus.
The council's 12-0 vote Tuesday established a preliminary agreement between AEG and the city.
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No tax dollars or city funds will be spent on the stadium, which would require the demolition of the west hall at the Los Angeles Convention Center.
The 75,000-seat stadium has already received approval from a panel of four council members.
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Council members are set to take up the additional binding votes over the next nine months.
