State Says L.A. Coliseum Has Breached Lease

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The financially troubled Los Angeles Memorial Coliseum Commission has breached its lease contract with the state by failing to pay $500,000 in rent due at the end of the year, the Los Angeles Times reports. The state declaration is the latest sign of fiscal distress for the Coliseum, a taxpayer-owned stadium at risk for running out of money by the end of March.

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