The City and the 49ers began working on a disposition and development agreement in July. The financing agreement calls for the city to pay for up to $79 million and for eight nearby hotels to put up an additional $35 million by way of a voluntary room tax. The team agreed to pay for any construction cost overruns as well as any operational shortfall.

If not approved by voters, the 49ers attention likely will shift back to San Francisco where the city, in partnership with Lennar, wants a new 49ers stadium at Hunter's Point to replace Candlestick Park. An EIS for the larger Hunter's Point/Candlestick Point redevelopment was recently released by the City of San Francisco for comment.

Either way, the goal is to have the stadium ready for the 2014 NFL season. The team's initial lease term at Candlestick ends after this season but the team holds three five-year extension options such that it could continue to play in its existing stadium through 2023.For previous relates stories, click on any of the following headlines, which are listed in chronological order, the most recent stories first: :

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