Santa Clara May Give Stadium Money To 49ers

SANTA CLARA (CBS/AP) — Santa Clara leaders are considering giving $4.5 million for a new football stadium to the 49ers to possibly keep it from state officials.

The City Council is expected to vote on the proposal on Monday.

The money is part of up to $40 million in redevelopment funds the city has committed to the 49ers’ planned stadium in Santa Clara.

Gov. Jerry Brown has proposed disbanding California’s redevelopment agencies and directing their money to schools and local services.

Santa Clara Mayor Jamie Matthews tells the San Jose Mercury News the money has to be moved to a private group such as the 49ers to better protect it from possible state action.

Critics say the city is going too far to help the team. Other cities have shifted redevelopment funds to different accounts or projects, but not given them to private groups.

(Copyright 2011 by CBS San Francisco. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. Wire services may have contributed to this report

Comments

One Comment

  1. Mark says:

    The officials in the city of Santa Clara must be getting heavily greased by the 49ers to do this. As a Santa Clara resident I urge all citizens of this city to not only boycott this, but impeach every city official. This money could be used in so many better ways than a stadium project that probably will never happen anyways. This is total misuse of city funds and a complete ripoff of taxpayers. The Mayor of Santa Clara needs to go NOW!!!!!

    1. jon says:

      I agree. Any team that allows Alex Smith to collect paychecks for 5 years should be banned from ever receiving any amount of public funds.

  2. TEdward says:

    This can’t be legal, to give that much money to the 49ers for safe keeping? Hey give it to me I’ll put it in B of A in my checking account. It would be a hell of a lot safer there………

  3. richard says:

    I think it is a good idea. Just think about all the revenue it’ll bring in for the county. Not only will the city be able to collect taxes from the 49ers but surrounding businesses will benefit from the added attraction this stadium will bring, for instance, more customers. In other words, we’ll get that 4 mill back through taxes.

  4. Michael says:

    This is bogus. In this economic times, why can’t the team themselves pay for their own stadium? They should stay in San Francisco where they belong. We don’t need their noise and rowdy crowds in the neighborhood. The owners and players are so self-centered. Unbelievably selfish in epic portion.

    ~So disgusted at the selfishness

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