Santa Clara County officials told the Mercury News (http://bit.ly/OaqIBz ) that they would rather spend the money on teachers.
The team and the city say voters specifically earmarked money for the $1.2 billion stadium and that the county has no right to keep it. The newspaper says lawsuits are likely.
A new board that oversees property tax from redevelopment zones was responsible for the sudden revocation. It was so unexpected that city leaders say it violated public notice laws.
Voters approved a 2010 measure that allocated $40 million in redevelopment funds for the stadium, which is set to open in 2014. Construction began in April.
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Information from: San Jose (Calif.) Mercury News, http://www.mercurynews.com






