The City of Oakland is beginning to analyze the feasibility of using public tools to monetize future revenue from a stadium project to help support it.
“Since I took office I have been nothing but clear about how I believe Oakland can responsibly keep its sports teams without publicly subsidizing stadium construction. My position is unchanged. The San Francisco Chronicle’s suggestion that I would be willing to put public money at risk is simply not true.
I have repeatedly said that I believe we can create new homes for Oakland’s sports teams with private money.