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California Senate rejects idea of selling L.A. Coliseum, Sports Arena

 

SACRAMENTO, Calif. -- The state Senate rejected legislation Thursday that would require the state to sell the site of the historic Los Angeles Memorial Coliseum and adjoining Los Angeles Sports Arena.

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The bill's author, Sen. Jeff Denham, R-Merced, said the stadium is "falling apart" and that selling the land would generate as much as $400 million to help ease the state's budget crunch.

California is facing a $15.2 billion deficit in the fiscal year that starts July 1.

"All I'm asking right now is that we take a look at this property as well as many other properties in the state and evaluate whether they're surplus and whether they bring in good tax revenue," Denham said.

The state owns the land on which the 85-year-old coliseum and 48-year-old arena sit, said Pat Lynch, general manager of the Los Angeles Memorial Coliseum Commission, which manages the two facilities under a 49-year lease with the state.

Denham's office said the state also owns a third of both structures, with Los Angeles County and the city of Los Angeles owning the rest. Lynch, however, said the state owns only the land.

Opponents said the bill would undercut efforts to improve Exposition Park, which is owned by the state and houses the Natural History Museum of Los Angeles County, the California Science Center and the California African American Museum, in addition to the coliseum and sports arena.

"This measure doesn't do service to the overall objectives we seek to happen in Exposition Park," said Sen. Mark Ridley-Thomas, a Los Angeles Democrat who represents the area.

"The Science Center, the California African American Museum are all state-owned assets the state benefits from. Sale of this particular property doesn't fit the master plan for that park."

Ridley-Thomas also said selling the property would not help bring an NFL franchise back to the coliseum, the former home of the Raiders, now in Oakland, and Rams, now in St. Louis.

"That ship has sailed," Ridley-Thomas said.

Another opponent, Sen. Gil Cedillo, D-Los Angeles, questioned whether a sale was even legally possible "given the historic nature of the coliseum."

The coliseum was designated a national historic landmark in 1984, the day before it the start of the Summer Olympics. It also was the site of the 1932 games and the home of the Los Angeles Dodgers from 1958 to 1961.

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Talk Back
Reputation:94
Level:All-Star
Since:Jun 28, 2007

May 19, 2008 5:49 pm
So, the State clearly owns the land, but apparently there's a dispute about who owns the stadium. Seems to me that the cost of that litigation alone (i.e., over whether or not the state owns 1/3 of the stadium), is enough to make selling it not worthwhile.
Reputation:93
Level:All-Star
Since:Mar 14, 2007

May 16, 2008 11:16 pm
I'm all for it. The government already owns too much land, bought with our money.
Reputation:90
Level:All-Star
Since:Dec 17, 2007

May 16, 2008 1:59 pm
this to me is funny seeing how there has been so much talk about an nfl team try'in to move to the LA area. NOW they are try'in to sell off  these great places so the state can make a buck phhh!
Reputation:61
Level:Pro
Since:Feb 21, 2008

May 17, 2008 9:22 pm
(POLL) should L.A. seal it or not??
 
 
 
 
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