02/03/2011 02:30 pm ET | Updated May 25, 2011

Farmers Field: City Council Takes Cooler View Of Downtown Stadium Plans

A day after Los Angeles Mayor Antonio Villaraigosa and others warmly embraced plans for a $1-billion football stadium downtown, the idea received a far more sober reception Wednesday at a City Council hearing.

Though some council members waxed enthusiastic, others voiced concern that that city might end up giving too much away to the developer, Anschutz Entertainment Group, or cut a deal that aggravates the city's ongoing fiscal crisis.

"We're already on a tightrope," Councilman Paul Koretz said. "One wrong step and we could push the city into bankruptcy."