49ers, Santa Clara Reach Deal On Stadium Fund Dispute

Law360, New York (August 10, 2012, 3:47 PM EDT) -- The San Francisco 49ers and city of Santa Clara, Calif., reportedly reached a tentative deal Thursday to split $30 million taken back by a city agency that had been earmarked for a $1.2 billion stadium project, which spurred a lawsuit from the team.

In a closed-door session, the Santa Clara Redevelopment Successor Agency Oversight Board and the San Francisco 49ers struck a deal that splits the funds with the local school district and three other agencies and draws out the length of time during which the...
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