NFL Rose Bowl Lease Plan to Go on Fall Ballot
The City Council will let voters decide whether to offer the National Football League a long-term lease to play at the Rose Bowl.
The council split on the lease offer, but voted unanimously Monday to put the proposed measure on the November ballot. If approved, the city would offer the NFL a 25-year lease in exchange for a $500-million stadium renovation, $500,000 a year in rent and other considerations.
Councilman Chris Holden, the initiative’s chief sponsor, said the measure would pay for needed renovations to the facility, home of the UCLA football team and the annual Rose Bowl game.
Pasadena is considered a long shot, no matter how many teams land in the area.
The team owners are scheduled to meet later this month for more talks on Los Angeles-area football.
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