June 29, 2012 > Santa Clara to appeal 49ers stadium decision
Santa Clara to appeal 49ers stadium decision
Submitted By AP Wire Service
SANTA CLARA, Calif. (AP), Jun 26 - Santa Clara plans to appeal an oversight board's decision to pull $30 million in funding from the new 49ers stadium.
City officials tell the San Jose Mercury News (http://bit.ly/MPYSsw) they will ask the state Department of Finance to review last week's decision by the board. The board consists of officials from around Santa Clara County.
It was given control of the money after the state scrapped redevelopment agencies.
Voters had earmarked the $30 million in redevelopment funds for the stadium. But the oversight board said the money would be better spent elsewhere.
The issue could end up in court. In the meantime, both city and team officials say construction on the $1.2 billion stadium will continue.