Srgt. Hulka

"L.A. says taxpayers not on hook for new stadium"

It calls for the issuance of $275 million in tax-exempt bonds to move the building and for that cash to be repaid with lease payments, property taxes and other new project-related revenue.

AEG agreed in the proposed framework to break $80 million of the $275 million in debt into a special type of bond that is financed with a tax on its nearby properties such as Staples Center and the LA Live entertainment complex and puts the facilities on the line if the company doesn't pay.

So in a round-about way, the tax payers are still paying for the stadium.
Where's the other $925,000,000 coming from?

That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, ...