Jeff Smith noon, March 8
City of Industry to Vote Jan. 20 on $500 Million Infrastructure Bond that Would Serve Planned New Stadium
Industry, California (also known as City of Industry) votes Jan. 20 on a $500 million infrastructure bond to serve the area in which billionaire Ed Roski Jr. has proposed building a $800 million pro football stadium. Roski and his partner want to attract an existing team by 2010. The Chargers have been prominently mentioned, along with other teams begging for public subsidies such as the Minnesota Vikings. Roski is a chum of Chargers owner Alex Spanos. The Chargers team is hot right now, and could well go deep into the playoffs or even to the Super Bowl, igniting civic leaders who would continue ignoring the rotting infrastructure -- and ignoring the threat of a City bankruptcy -- to rustle up a land grant for the team. The Chargers may well use the threat of a City of Industry relocation to shake down the City or County. City of Industry, located in the San Gabriel Valley area of Los Angeles County, has all of 121 households; there are 82 registered voters, according to the Whittier Daily News. The City of Industry has no business taxes -- thus attracting numerous companies -- and supports itself on retail sales taxes from shopping centers located there.