49ers' Stadium Subsidy Ticker: Secret Meetings and RDA Cash

Dear Santa Clarans,


In late April of 2007, the San Francisco 49ers demanded that our City Council sign the "Confidentiality Agreement" with the team. This agreement forced our Council and Agencies to take certain dealings with the 49ers into Closed Session, out of the view of Santa Clara residents. The Closed Sessions are indicated, but not detailed, in the "Action Summaries" here.

Also, over roughly that same interval, the Redevelopment Agency has paid RDA cash to consultants on everything from the Feasibility Study to the Term Sheet - and now for the Disposition and Development Agreement, or DDA. A summary of those payments and to whom they have been made is here.

Santa Clara Plays Fair continues to track both the count of the secret Council/49er meetings, and the cash paid for "Stadium Studies." As of this date:

88: Number of Closed Sessions, 49ers and Council, since 5/1/2007.

$2,800,000: Total of RDA cash spent on 49ers consultants since 4/3/2007.

We'll publish this ticker periodically to keep Santa Clarans informed of the costs of the 49ers' stadium subsidy - both in dollars and in transparency.


Best regards,
Bill Bailey, Treasurer, Santa Clara Plays Fair

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