OAKLAND (CBS SF) — The Oakland City Council voted 7-0 in favor of a moving ahead with a proposed plan to build a new Oakland Raiders stadium. The plan to build a $1.3 billion stadium includes $350 million of public funds.
Football fans, investors and concerned citizens voiced their opinions on the costs and benefits of the proposed Oakland Raiders stadium plan at the Oakland City Council meeting on Tuesday night.
Around 9 p.m., former Oakland Raiders players Marcus Allen and Rodney Peete, among others, stood before the Oakland City Council touting the benefits of a new $1.3 billion stadium and urging the council to approve the plan.
Oakland Raiders season ticket-holders also ardently expressed their support, saying there would be a negative economic impact on the city if the Raiders were to leave Oakland for Las Vegas.
But other members of the public expressed their concerns about using $350 million in public money toward building a new stadium, saying that money could be better spent on education and other city services.
The public is still paying off debt on the Oakland Coliseum.
Shortly after 10 p.m., the council voted in favor of the plan. Councilmember Abel Guillen announced that he had major concerns but abstained.
The vote by the Oakland City Council clears the way for the city to begin official talks with the Lott Group over the Coliseum property and proposed stadium for the Oakland Raiders.