FanPost

Redevelopment dies, and with it one possibly both future A's ballparks


Last night the state legislature sent two bills AB 26 and 27 to ole Governor Moonbeam to sign, which he is expected to do so. 26 will kill all state redevelopment agencies as we know them and 27 gives them an out. However it's an out that is so unrealistic that almost no redevelopment agencies in the state (San Jose and Oakland included) will be able to meet the requirements as it requires them to turn a significant portion of the money they intake to schools, fire, and transit agencies. It's been likened by some politicians to blackmail. But the net result will be the end of redevelopment agencies.

This effectively is the end of the Victory Court ballpark plan in Oakland. And it may be the end of the San Jose ballpark as well. The only way the SJ ballpark survives is if San Jose can get away with shuttling the SJRDA's money for the ballpark into the successor agencies they set up a few months ago. If that clears all the likely legal wrangling, the SJ ballpark may yet proceed. But in either case, the A's ballpark plans in both cities have been dealt heavy blows, Oakland's likely being fatal.

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