San Mateo Daily Journal/Associated Press, 3/17/12. "Santa Clara OKs final 49er stadium deals."
|Channel 2, KTVU article, 2/11/12.|
Final documents were approved for a bank loan of up to $950 million, a $100,000 hike over the previous estimate. The deals include a non-relocation agreement with the football team that requires the 49ers to play its home games in Santa Clara for at least 40 years following the expected opening in 2014. The lease calls on the 49ers to pay the city about $30 million per year."
Posted by Kathy Meeh