More Real Money

In my post Real Money several weeks ago, I outlined the value of some of the assets that the San Francisco 49ers are asking Santa Clara to contribute to the proposed stadium. The total then? $297 million in cash, land, and other property.

As I noted at the time, this figure does not include the cost for replacing parking space for Great America — parking space that the city is required to provide as part of its agreement with the park and that will be lost if the stadium project moves forward.

The plans for providing that replacement parking will be one of the subjects of the City Council meeting tonight, Tuesday May 29. The meeting starts at 7:00 P.M. in the City Council Chambers, 1500 Warburton Avenue. If you can't attend in person, you can watch from the comfort of you own home on Channel 15!

I hope you will attend (or watch) and learn more about what the real costs of this project would be for the residents of Santa Clara.