SF 49ers Stadium Financing Won't Get 2nd Vote

Law360, Los Angeles (March 5, 2012, 10:00 PM EST) -- A California judge on Monday reportedly ruled that Santa Clara residents will not be allowed to vote for a second time on the financing of the San Francisco 49ers' new football stadium, allowing construction on the new sports facility to begin this spring.

Judge Peter Kirwan of the California Superior Court in Santa Clara County ruled that the issuance of approximately $850 million in bank loans to help fund the 58,500-seat stadium was an administrative act not subject to referendum, according to a report by the...
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