With reports that Bud Selig is mulling a Oakland A’s ballpark decision that could end up taking a year or more to settle, owner Lew Wolff says more delays will only end up killing a San Jose ballpark project. Selig is reportedly looking at a plan that would require both the A’s and the San […]
Tag Archives | redevelopment agencies
Court ruling clarifies San Jose, Escondido ballpark statuses
With the California Supreme Court ruling yesterday that the state can indeed eliminate city and county redevelopment agencies, the fate of new ballparks in Escondido and the Bay Area became clearer. The California Supreme Court not only ruled that the state can eliminate redevelopment agencies — and recapture locally generated revenues in the process — […]
Obstacles to new ballparks in California: not as bleak as expected
When Gov. Jerry Brown signed a law abolishing California’s redevelopment agencies, many in baseball assumed public financing of ballparks was a thing of the past. Turns out the news may not be so terrible — but the circumstances are still troublesome. Tax-increment financing is a tried-and-true economic-development tool, and it’s occasionally used to build ballparks. […]
Cal budget issues could alter San Jose, Oakland plans for A’s ballpark
A proposal by Gov. Jerry Brown to shut down California‘s 425 redevelopment agencies could have a huge impact on the Oakland Athletics, as both San Jose and Oakland are planning on using redevelopment funds to help pay for a new ballpark. Both cities are planning on using a redevelopment agency as a base for the […]