49ers suing Santa Clara County over lost stadium cash 

click to enlarge The 49ers were promised $40 million in state redevelopment funding, but had received only $10 million before California eliminated redevelopment agencies. - COURTESY RENDERING
  • Courtesy Rendering
  • The 49ers were promised $40 million in state redevelopment funding, but had received only $10 million before California eliminated redevelopment agencies.

The 49ers sued Santa Clara County this week after hitting a bump on the road to the team’s new $1.2 billion South Bay stadium, which the team vows will still open for the 2014 football season.

The 49ers were promised $40 million in state redevelopment funding, but had received only $10 million before California eliminated redevelopment agencies. But when Santa Clara County’s redevelopment agency was dissolved and a new board named, it redirected the remaining $30 million to schools and local services. The team then sued for breach of contract.

A Sacramento Superior Court judge has ordered the county to hold on to the funds until a July 3 hearing on an injunction the team is seeking while the lawsuit is argued in court.

About The Author

Dan Schreiber

Pin It
Favorite

Speaking of...

Latest in San Francisco 49ers

Comments

Showing 1-1 of 1

Add a comment

 
Subscribe to this thread:
Showing 1-1 of 1

Add a comment

Videos

© 2014 The San Francisco Examiner

Website powered by Foundation