Sunday, June 6, 2010

The 49ers' Stadium Subsidies: Your Sample Ballot says, "Let Silicon Valley Power pay for it!"

Dear Santa Clarans,


Please see the
Term Sheet in your Sample Ballots:

  • Section 2.4: Silicon Valley Power - and not the team - is being forced to pay $20,000,000 for the relocation of the perfectly-functional Tasman electric substation. Adding insult to injury: Tasman will be moved even closer to the residents of Gianera Street - while our electric rates increase 34% from January, 2006 to January, 2011.

Yes, we postponed rate increases longer than we should have. However, I support those rate increases completely, because presentations by our utility managers before City Council show me that I'm still getting a good deal from our City's electric utility.

But what I object to is the San Francisco 49ers making us pay $20,000,000 to move an electric substation that does not need to be moved. The Stadium Boosters have been double-talking this issue since May of 2007 - and they are just as wrong now as they were then.

Late news: City Council has approved the new Yahoo! campus - with Yahoo! paying for their own new electric substation.

If Yahoo! can do it - so can the San Francisco 49ers.

Santa Clarans, do you see how far the stadium subsidy for the 49ers really extends? Please vote NO on Measure J - and you will STOP the ripoff of our city's electric utility.



Thanks for your support and best regards,
Bill Bailey, Treasurer

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