I’d like to see more stories like these. After all, we have no trouble stealing pension funds to pay for tax cuts for millionaires, so why does everyone have a problem with this? Assuming they actually use the money for schools, that is:
Out of nowhere, Santa Clara County officials have yanked $30 million in tax funds promised for the San Francisco 49ers’ new Santa Clara stadium, saying they would rather spend the money on teachers than install “little televisions in the back of stadium seats.”
The 49ers and Santa Clara city leaders strongly and passionately object to the move, saying voters had specifically earmarked redevelopment funds to the stadium and that the county has no right to keep it. Lengthy court battles are likely, launching a rare soap opera in a stadium debate that has been mostly peaceful — and supposedly long over.
[…] The 49ers and Santa Clara officials will be busy this week reviewing how to respond.
The funding grab came Friday by a new board that oversees property tax from redevelopment zones. It was so unexpected that Santa Clara leaders argued it was done in violation of public notice laws.
“We the People” can beat the 1% any time we’d like. We have the numbers on our side.