City leaders to what you can to Governor remind that the 68, 500-seat, 937 million dollar Stadium next to the Great America theme park planned a long-time project was the restoration Fund, and should be under Brown's proposal to do away with redevelopment agencies cut.
Without rehabilitation fund would say not city guide, you have to any other public funds for the project, develop, which City voters in June the promise that 4.02.2003 money from its general funds use city.
"Government RAID on local redevelopment agencies is a terrible thing", Mayor of Santa Clara Jamie Matthews said.
, The City Council plans Tuesday to "Memorialize the official language in the stadium deal", effective etching into stone, that leader had crafting proposal been preventive agencies long before Brown began to look on resolution redevelopment.
"We wanted to be clear that this was planned out and going for a long time in our language," said acting city Assistant Carol McCarthy. "We have worked for four years on this."
Shortly after he took office, Brown proposed doing away with redevelopment agencies of the State and whistles then regularly that the money
Schools and local governments.The stadium project is specifically designed for the upcoming 49ers up to $40 million, the Santa Clara rehabilitation agency previously committed we - and voters approved spending in June.
Bill Bailey of Santa Clarans play fair, saying that grass roots group in opposition to any public financing of the stadium, he Browns plan to exit from rehabilitation support agencies.
"This property tax County and schools should go", said Bailey. That was the original intention. "We should be subsidized not the 49ers."
No plan BMcCarthy stressed that the leaders think city need to only $26 million in bonds issue "up to $40 million," and the rest could be borrowed from the team to cover the renovation part of the contribution of the stadium.Still, if the State legislator, redevelopment force agencies close up shop- and your cash flow-cut off McCarthy conceded: "I know not what we will do."
McCarthy said the city would not put out another vote for the people of Santa Clara. "We need to come up with other financing source, a private source", she said.
Matthews affirmed: "from the team would have the money or other investors come." "But it would not be an obligation for the taxpayers."
The ballot measure, voters in June endorsed prevents the town immersed in each city renovation Fund to pay Agency for the stadium project.
Matthews said nobody on all doors that only tap on the search for money.
"At this point, we just wait to see what will happen," he said.
As 49ers spokeswoman Lisa lang said the team has no plan b.
"The voters about you, voted", lang said. "Money is an important part of the project, and we expect it."
'We are concerned' lang, who also noted that the $ 40 million, the 49ers have preceded a $17 million, guarantees the Redevelopment Agency part of the project.But when said redevelopment agencies lang disappear: "The team would have to deal with to figure out how the gap.""But we are not yet."
On Tuesday the Council will establish also expected Stadium as the authority who own and operate the proposed stadium would.
The Council will also vote to rehabilitation agency issue new debt so that the Agency may allow the issuance of bonds for the stadium construction and other infrastructure improvements relating to North Bayshore.
Santa Clara City Council meetingThe Council discuss rehabilitation in a session Tuesday in the Council Chamber, 1500 Warburton at 19.00 Ave. It will be broadcast live on local cable channel 15 in Santa Clara.
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