49ers New Stadium Proposal

The San Francisco 49ers may relocate to Santa Clara. A few months ago, officials proposed a new stadium for the 49ers in Santa Clara, which would be located next to Great America off highway 237. The stadium would be completed in 2012 if Santa Clara accepts the proposal. It would cost an estimated $950 million to build it according to a SJ Mercury article. http://www.mercurynews.com/southbayfootball/ci_5595601. This price would make it the "most expensive open-air NFL stadium ever built." However, Santa Clara has to come up with $180 million. It is unclear to me how they will pay for it. A possible idea is to increase the utility bill for Santa Clara residents and use this money to fund the project. I know that this may anger some people. Despite residents paying for the stadium with money from their pockets, there would be some positive things for the city. The stadium would create more jobs, boost the economy, and bring people to the city. When people attend the games, they are likely to go around the city, before or after the game, and possibly go shopping, spend the night in a hotel, or go to a restaurant. This would be great for the city because people would spend money and the businesses will benefit. The only worry is that too many people may congest the area causing traffic and possibly disturbances.
The city of San Francisco is trying to keep the 49ers where they currently are. They proposed a new stadium at Hunter's point, however, this seems unlikely because they have to build new roads to make it easier for people to access the stadium. (A news report on channel 2 says the roads would not be finished before 2012). Santa Clara offers great access to nearby highways: 237, 101, and 880/17. There would be little traffic congestion here, unlike San Francisco. It looks promising for Santa Clara and I hope the 49ers move here.