I'll admit, Candlestick Park is really getting old and way outdated and a new facility is needed, but is Santa Clara going after the deal of a lifetime or ready to get screwed?
Santa Clara is proposing to pay a portion of the stadium costs with taxpayer money, which makes me wonder, why does the 49ers organization want to pay for a stadium with the public's money? Can't that money help pay for other improvement projects like fixing potholes, fixing schools and other local government buildings, or maybe opening a community clinic?
It also makes me wonder why the 49ers can't simply buy up the land and build it themselves with their OWN MONEY. With the economy all beat-up, all levels of government facing layoffs, cuts, furlough, and closures; it doesn't make practical sense for a city to invest millions of dollars of tax money into building a stadium that won't be used on a daily basis.
Now what I mean by "daily basis" is this: a sports stadium is not used every day, in fact, a football stadium is used only about a dozen times a year. If you include another sports team, that still doesn't make up for making it a fully useful facility. I would support using tax money to build a hospital or a City Hall because the property will be used every single day for business. Tax money on a facility not used on a near daily basis = waste of money. Tax money on a site used daily = a worthwhile investment.
What's wrong 49ers? Why can't you fund it yourself?
Look at AT&T Park, they built their facility without public money and did additional fundraising by simply selling "charter" seats (seat licensing). The Cal Bears are raising money by selling 50 year ticket plans for up to $250K a seat with additional perks. Even corporate headquarters are not paid with tax money, they have the money to build and maintain their facilities.
For you taxpayers in Santa Clara, think about what kind of debt the city and how much more in taxes you will pay for the stadium. Give the 49ers the finger and vote against it.
i think newsom is saying SF will give $100 mil to a new stadium in hunter's point...
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