Key issues remain in stadium deal

As Los Angeles council members prepare to move on to the next stage of talks with AEG over a proposed downtown football stadium, city officials said in a report released Sunday that key issues remain to be negotiated.Daily News.

Among those are ensuring that there is a letter of credit to cover any city costs stemming from razing part of the old complex and the building of a new Convention Center hall. Also of concern is the financing of the new stadium, the timing of the construction and coordination of different events at the new facility and the Convention Center.

The information was contained in a 13-page letter prepared by City Administrative Officer Miguel Santana and Chief Legislative Analyst Gerry Miller in response to the more than 40 questions raised by Councilman Bill Rosendahl over the proposed project.