Sheldon R. and Phyllis Milenbach, et al. - Page 15

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          required to prepare any required environmental impact studies.              
          The second lawsuit was filed on October 16, 1987, and sought to             
          require the Raiders to return the initial $10-million advance to            
          Irwindale.                                                                  
               In an amended answer dated March 21, 1988, the Raiders                 
          alleged:  “the City of Irwindale * * * [has] paid the Raiders               
          $10 million pursuant to that Agreement [Irwindale MOA], and that            
          the Raiders are entitled to retain that money whether or not the            
          stadium is built.”  In a Memorandum of Points and Authorities               
          (the memorandum) filed in response to a Motion for Summary                  
          Judgment, Irwindale alleged:  “regardless of what happens, the              
          Raiders are permitted to keep the $10,000,000”.                             
               The environmental impact report was completed on January 12,           
          1989, and the preemptory writ of mandate was discharged on                  
          February 17, 1989.  During the time the preemptory writ of                  
          mandate was in effect, circumstances relating to the Irwindale              
          MOA changed as follows:  (1) Bond interest rates increased from             
          9 percent to more than 11 percent; (2) Los Angeles County refused           
          to lease Irwindale land adjacent to the proposed site to be used            
          for parking; (3) a second site for the stadium was required to be           
          selected; and (4) another environmental impact report was                   
          required for the second site.  In September 1988, the California            
          legislature passed a bill that prohibited Irwindale from using              
          general obligation bonds to construct a stadium that Irwindale              
          would then turn over to any private company, such as the Raiders;           




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