The Oakland A’s said they’ve agreed to build the number of on-site affordable housing the city wants in the team’s proposed waterfront baseball stadium — a key sticking point in their negotiations with officials – in exchange for more money to help pay for infrastructure, but the city rejected the terms.
Dave Kaval, president of the A’s, said the baseball team agreed to the city’s terms for on-site affordable housing – 15% – in exchange for tax money generated from parking, sales and commercial license to help pay for infrastructure improvements at the proposed ballpark. to place. Kaval did not specify how much tax the team wanted. Mayor Libby Schaaf said the revenue from these taxes would be millions of dollars.