Bloomberg Law
Oct. 27, 2021, 1:42 PM

Oakland Advances Tax District Proposal for A’s Ballpark

Sam McQuillan
Sam McQuillan

A proposal to use property tax revenue from the Oakland A’s’ $12 billion investment in a new baseball stadium and development of a surrounding waterfront to finance the project is advancing through local government.

The Alameda County board of supervisors on Tuesday voted 4-1 on a non-binding agreement to join a special tax district with the City of Oakland at Howard Terminal that would repay the A’s millions in property taxes from their new ballpark and a redeveloped surrounding area, over the next 45 years. The agreement preserves the county’s right to cancel it, though it advances a key proposal ...

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