Cedar Fair lawsuit could stall 49ers stadium in Santa Clara

Posted Wednesday, December 9, 2009 4:48 PM | Contributed by Jeff

Cedar Fair has filed a lawsuit that would void a proposal between Santa Clara and the 49ers to build a 68,500-seat stadium on a city-owned parking lot used by the theme park. The suit, downplayed by both sides in the dispute, came shortly before the Santa Clara City Council voted early this morning to put a stadium proposal to its residents in June.

Read more from The San Francisco Chronicle.

Fun

Wednesday, December 9, 2009 8:43 PM
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From reading the comments in that article, I get the feeling the issue of a new stadium is a highly charged subject matter for Californians.

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Mamoosh

Wednesday, December 9, 2009 10:57 PM
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I doubt anyone here in So Cal cares (or even knows!).

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Ensign Smith

Thursday, December 10, 2009 1:49 AM

Well, aren't they two different provinces?


My author website: mgrantroberts.com

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crazy horse

Thursday, December 10, 2009 2:10 AM
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How can any city afford to buid a new sports stadium right now? And in california of all places. I thought that state was in big trouble.

I think that money could be used better.


what you've just said is one of the most insanely idiotic things I have ever heard.
Everyone in this room is now dumber for having listened to it.
I award you no points, and may God have mercy on your soul.

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Ensign Smith

Thursday, December 10, 2009 2:38 AM

Usually when a professional team wants their home city to pony up to pay for a better stadium, they hold the implied threat of departure for greener pastures over the heads of the citizens. If the Bay area won't pay for a new park, maybe Salt Lake City will. But this strategy doesn't work so well when pretty much every state and major metro area is staggering from slashed tax revenue and double digit unemployment. Except in the rare case of a community that has already built a state-of-the-art sports palace with no team to play there.


My author website: mgrantroberts.com

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Jeff

Thursday, December 10, 2009 4:10 AM
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You can't just arbitrarily treat everything as "spend on this or a school." That's rarely where money comes from. Something like a stadium is financed by the team, sin taxes, bonds, etc.


Jeff - Editor - CoasterBuzz.com - My Blog

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kRaXLeRidAh

Thursday, December 10, 2009 4:57 AM

^ The city is fronting a good amount of the capital to get the stadium built.

It's perfectly understandable why too. They have it in their heads as spend lots to build a stadium: then rake in millions in potential revenue from taxes generated by stadium admission tickets, parking lot fees, etc. in the future.

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Chriscub

Thursday, December 10, 2009 8:24 PM

Ensign Smith said:
But this strategy doesn't work so well when pretty much every state and major metro area is staggering from slashed tax revenue and double digit unemployment. Except in the rare case of a community that has already built a state-of-the-art sports palace with no team to play there.

Actually a good many metro areas still hasn't seen that 10 percent unemployment rate yet plus even in states where the rate is that high if not higher, that still wont stop those who want a new stadium either. Indiana for example last I checked had one of the highest unemployment rates in the nation but that still didn't stop Indianapolis from building that new Lucas Oil Stadium for their Colts.


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0g

Thursday, December 10, 2009 11:41 PM

^^From reading the discussion, my understanding of Santa Clara's business model is as follows:

Phase 1: Build Stadium
Phase 2: ?
Phase 3: PROFIT!

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maXairMike

Thursday, December 10, 2009 11:48 PM

Except Lucas Oil was green-lighted with funding well before the economy took a dive. They were in the middle of their first season in the new stadium when the economy publicly fell out from under us.

Last edited by maXairMike, Thursday, December 10, 2009 11:49 PM

Original BlueStreak64

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Jason Hammond

Friday, December 11, 2009 4:45 AM
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^^Best reference to the underpants gnomes EVAR! ;)


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RatherGoodBear

Saturday, December 12, 2009 7:17 AM

I don't blame CF at all on this one. Why should an NFL franchise, with the multi-million dollar ownership, not to mention all the league revenue, merchandising, etc., pay a fraction for leasing the land than what Cedar Fair pays?

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ApolloAndy

Saturday, December 19, 2009 1:13 AM
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They should talk to the folks in Arlington, TX. From what I understand, many of them now regret letting Jerry Jones put in the new Cowboys stadium. I don't know the details myself, but I understand that he kept making more and more demands after the initial agreement went through and the city didn't have much choice at that point.


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