Private donors to cover city's share of parade costs

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So first, Jan Perry suggested the city may not be able to foot the bill for the Laker parade. Like players diving for a loose ball, the city's elected officials then struggled to get credit for saving the parade while safeguarding the city's finances.

Yesterday, Mayor Antonio Villaraigosa announced that the city would split the cost 50/50 with the Lakers. Now, Council President Eric Garcetti says that Villaraigosa was speaking out of turn, and that the city council has sole jurisdiction over this. And he says that in fact private donors will cover the city's half of the costs -- about $1 million or so.

Not to be upstaged, Villaraigosa will hold a press conference in about 10 minutes announcing that the parade has been saved. He will be joined by Laker hero Derek Fisher.

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This page contains a single entry by Gene Maddaus published on June 16, 2009 1:11 PM.

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