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Donors to pay LA city costs for Lakers parade


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© AP
2009-06-17 00:39:02 -

EL SEGUNDO, California (AP) - Los Angeles Mayor Antonio Villaraigosa is defending the decision to stage a victory parade for the NBA champion Lakers and says it's important to celebrate even at a time of high unemployment and home foreclosures.
Villaraigosa said on Tuesday that private donors have offered $850,000 of nearly $1 million in city costs for Wednesday's parade and rally. The Lakers and AEG, which owns Staples Center, are paying for another $1 million in production costs.
«We intend to do everything we can to minimize the cost to the city,» the mayor said at a news conference on the Lakers' practice court in El Segundo. «If we hadn't had a parade, you've have had a whole bevy of other people criticizing.
Villaraigosa identified the private donors as Casey and Laura Wasserman, Jerry and Margie Perenchio, Haim and Cheryl Saban, Eli and Edythe Broad, Joe and Sharon Hernandez of Melissa's Fruits and Vegetables, Ed and Gayle Roski and the San Manuel Band of Mission Indians in Highland, California.
Wasserman is the former owner of the defunct Los Angeles Avengers of the Arena Football League; Perenchio is former chairman and CEO of Univision; Saban bought Univision from Perenchio and his entertainment company produced the «Power Rangers» children's television show; the Hernandez's company is a major distributor of specialty produce; Broad is a billionaire developer who supports the arts in Los Angeles and is trying to bring an NFL team back to the city; and Roski is a billionaire developer whose Majestic Realty Co. helped develop Staples Center.
«The reason why so many people from the private sector came forward is because they know this town deserves to revel in itself for a day. We need it,» Villaraigosa said.
The mayor and other officials had sought donations after critics blasted the idea of using city money when Los Angeles is considering layoffs to close a half-billion-dollar budget gap.
The parade comes at a time when the Los Angeles Unified School District _ the second-largest in the U.S. _ faces a $596 million budget shortfall for the 2009-10 school year. The Los Angeles Board of Education voted in April to lay off as many as 5,400 teachers and support personnel for the upcoming school year.
Villaraigosa said the Lakers generate an annual economic benefit of about $150 million to the city. He claimed the parade will generate an estimated $15 million to the local economy, including souvenir sales.

He pointed out the city provides police, transportation and public works coverage for other major events, including the Oscars and Grammy awards.
Wednesday's event begins at Staples Center and ends at the Los Angeles Memorial Coliseum.
The Lakers and city officials asked paradegoers to behave responsibly in the wake of looting and vandalism that broke out when the team clinched its 15th NBA title in Orlando, Florida late Sunday. Police continued reviewing security video and media images to identify suspects who caused damage in downtown Los Angeles. Eighteen arrests have been made.



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