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Santa Clara facing loss of $40 million for Niners stadium

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The uncertainty regarding the labor deal has delayed the process of building a new stadium for the 49ers in Santa Clara. Budgetary problems at the state level also could throw a wrench into the slowly-moving gears.

With Governor Jerry Brown proposing the dissolution of redevelopment agencies, $40 million earmarked for contribution to the stadium effort could be lost. The Santa Clara city council met Tuesday night to ponder possible strategies for keeping the money in play.

Per the San Jose Mercury News, neither the team nor the city have any specific ideas for replacing the $40 million, if/when it’s lost. The cash would have to come from an unidentified private source.

The uncertainty could put other potential sites in play.

“If for some reason something happens we would continue to talk to San Francisco and there is a meeting that’s been discussed with the new mayor,” 49ers spokeswoman Lisa Lang told KTVU.com.

As pointed out earlier today in response to a question from our good friend Sam Francisco in San Francisco, the best solution would be a structure shared by the 49ers and the Oakland Raiders. And the ideal location could be in Oakland.

Unfortunately, we’ve got a feeling that most hardcore 49ers fans would prefer that the team move to L.A. before moving to Oakland.