Framework deal for downtown L.A. NFL venue is approved | NFL.com

LOS ANGELES — The City Council on Tuesday approved a framework deal that would grant a private developer access to tax-free financing to help it build a 72,000-seat NFL stadium on the city’s convention center campus.

The council’s 12-0 vote set the stage for city leaders to later consider binding agreements with developer Anschutz Entertainment Group on the project’s financing, leasing arrangements and other details.

via Framework deal for downtown L.A. NFL venue is approved | NFL.com.

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