And so much for all that: The San Francisco 49ers and the Santa Clara oversight board that had been denying the team $30 million it was expecting for its new stadium have apparently agreed to split the difference, according to the San Jose Mercury News. The team and county schools will now each get $2.5 million a year from the pool of property-tax money, and other local agencies will get a few million more.
The 49ers, meanwhile, will still get their $30 million, but it’ll take a bit longer. How much longer? Reports the Merc News: “It will take about a half-decade to get the $30 million [the team] was promised, instead of only a few years like it had planned.” Um… right. Hopefully some of that money will be used to hire math teachers for California’s future journalists.
wow ok all i heard from this board was that the $30 million was for “schools and kids” lol… and now its being split between the school district, agencies from sc county, sc city, and the community college.
just as i expected the 49ers will get their money (after 5 years rather than a few-2y?) and the board members from differently agencies will get their money.
All under the name of “schools and kids”, hahah wow i read previous comments in a previous article about this topic. Where people were adamant all the money was going to schools and no money was going to other board member agencies.
People this is CA politics! money grab from what ever you can!