Mayor's panel sets priorities

The developer of a proposed downtown football stadium must ensure no city money will be needed for the project and that it will create new jobs and tax revenue, officials of the mayor's Blue Ribbon Commission said on Friday. DailyNews.

The panel issued a statement following a series of hearings held around the city about Staples Center owner AEG's plan for a downtown stadium to lure back an NFL team.

"A new stadium and events center has the potential to transform Los Angeles," the statement said. "The city should only support this project if we are certain it can be completed without taxpayer funds, traffic impacts are (resolved) and the promised jobs go to Angelenos."