Oakland Mayor Libby Schaaf On How To Pay For Sports Stadiums

The transcript discusses the significance of sports teams to Oakland's community, the challenges faced by the city in retaining its teams, and the financial and community implications of a new stadium proposal. It highlights the debate over the use of Howard Terminal and the potential benefits of affordable housing and community development. The conversation also addresses concerns about the project's financial impact on the city and the ongoing debate surrounding the proposal.

What role do sports play in the Oakland community according to the speaker?

• They are not significant to the community.

• They are a minor part of the community.

• They define the community's identity.

• They are only important for business.

What is one reason mentioned for the departure of sports teams from Oakland?

• Poor team performance

• Weather conditions

• Greed and search for better opportunities

• Lack of fan support

Why can't the A's continue to play at the Coliseum according to the speaker?

• The Coliseum is being demolished.

• The Coliseum is in a different city.

• The A's prefer a privately financed ballpark at Jack London Square.

• The Coliseum is too small.

What is the proposed method to finance the new ballpark project?

• Borrowing from international banks

• Using existing city funds

• Raising taxes on residents

• Project-generated tax increment financing

What is the minimum percentage of affordable housing units planned for the new development?

• 10%

• 25%

• 20%

• 15%

What is a concern regarding the financial impact of the new stadium project?

• It will only benefit the sports teams.

• It might divert funds from other city infrastructure projects.

• It will not generate any economic activity.

• It will increase unemployment in the area.

What is the speaker's stance on the potential benefits of the new sports stadium?

• It will only benefit the city's economy.

• It will only benefit sports fans.

• It will have broad community benefits beyond sports.

• It will not have any significant impact.