The A's claim they don't need public money for the stadium. They need to claim this so the project "does not requre" a city wide referendum. They can just get the approval easily from the 5-member city council. Is it really "at no cost to the City of Fremont"? Can they really avoid a city wide referendum?
The A’s claim the entire development will come at no cost from the City of Fremont. I don’t understand how they can make such irresponsible promise as they also seem financially stranded in the current economic downturn. Who will pay the large bill on the infrastructure, road upgrade, maintenance, extra police, etc?
Once the project starts, it will be point of no return, whether you like it or not (sound familiar?). Fremont could be dragged down into deep financial trouble. The A's proposal looks appealing, but I don't think city size of Fremont can sustain such big financial impact. It's better to leave it to big cities. We don't want to see our tax money drain down to help the A's.
The Council Members ask several times the how much “money” we spend so far on this project, and the answer is always "the expected $0”. This is good since we can stop the project now with no money loss from the city. True, the city haven't use "any money" on this project so far. But it has already dragged a large amount of time and resource from the city and local community to go through the meetings and discussion. This is a very big “cost” to the Fremont community.
The costs behind this stadium are extremely, well, costly! Especially with America's economy slowly dying, this is one of the last things we need.
Research suggests that though citizens bear the cost for the building and upkeep of stadiums they do not partake of the profits.
A stadium in Fremont will only be a burden to the tax payers and also allow for more conjestion. Studies have been done showing that stadiums are more a burden than an asset.