Walters: California taxpayers will subsidize new A’s ballpark

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Walters: California taxpayers will subsidize new A’s ballpark
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The $279.5 million may not technically be a gift of public funds to a private developer, but it certainly smells like one.

As the 2021-22 state budget was being finalized in June of last year, a $279.5 million appropriation was quietly inserted into“Funds appropriated in this item shall be for the Port of Oakland for improvements that facilitate enhanced freight and passenger access and to promote the efficient and safe movement of goods and people,” the budget declared.

However, when the port commission recently approved a list of specific projects the money would finance, its long-suspected true purpose became clear. The money would not be spent to improve cargo-handling, but rather to subsidize development of a new stadium for the Oakland A’s baseball team on a disused container site known as Howard Terminal near Jack London Square.

The commission acted shortly after the San Francisco Bay Conservation and Development Commission officially removed Howard Terminal’s designation as a cargo site. Oakland officialdom, having lost the Raiders football team to Las Vegas and the Warriors basketball team to San Francisco, isFinally, the city and A’s owner John Fisher, a scion of the family that owns clothier Gap, settled on the 55-acre Howard Terminal site, not only for a new baseball stadium but a $12 billion residential and commercial complex.

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