12/30/11, "California's RDA ruling could affect A's, 49ers, Chargers stadium plans,
" Neil deMause, Field of Schemes
"Authorized by law since 1945
, the agencies have been responsible for such success stories as Old Pasadena and San Diego's Gaslamp Quarter but also plagued by projects that some argued had little public benefit....
This is big news for the sports world
because, as you might imagine, cities have been thrilled to hand out development dollars
Oakland's Victory Court plan for
- when it's not really their money they're spending....
stadium appears to now be out the window
, since that relied on an RDA-based TIF. However, its second "Coliseum City" plan for the A's and Raiders could still move ahead,
according to Newballpark.org, as Oakland's existing stadium site is "part of a separate joint-powers agreement which allows the Coliseum Authority to raise money for its own projects.""....