Will Kennedy speaks to
Santa Clara Plays Fair
(id SCvoter on youtube.com)
on Reason #6 of the
top 10 reasons
to Vote No on Santa Clara Measure J
The 49ers' consultants prepared a report which admits that the city's "economic activity" and "personal earnings" will increase by only 1/1000 as a result of the stadium. The impact on our city is a "drop in the bucket." Many Santa Clara companies provide much more to our city's economy, without asking for a subsidy or city involvement of any kind. Also, only about 1% of the stadium construction spending will occur in Santa Clara.
Source: Memorandum to Ron Garratt, Assistant City Manager, June 1, 2007.
Source: New 49ers Stadium Economic Impact Analysis, CSL (49ers' consultants)