Pinned
Here is ALCO's legal counsel saying it 'in laymen's terms". "If we do the deal with Coliseum Partners [the A's] we remain on the hook [for environmental liability], if we do the deal as currently structured with OAC [AASEG/Loop], we eliminate all, as much as we can, liability"
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The entire coliseum site is currently carved out because the BOS cut a deal with the A's that cut it out. Right now, unless this AASEG deal goes through, ALCO will forever be liable for environmental issues on site, because that's the deal they cut with the white owned A's group
