OAKLAND, Calif. (AP) Oakland city officials are taking yet another run at financing a new stadium to keep the Oakland Raiders in town.
Assistant City Administrator Claudia Cappio said Monday that the city has hired a stadium consultant to come up with new financing options that won't include taxpayer money to build a $900 million stadium.
The Oakland Raiders say they need about $400 million in public money for a new stadium to replace the dilapidated Oakland Coliseum. Local leaders are reluctant to pitch in given that they are still paying off debt from a 1995 remodel that brought the Raiders back from Los Angeles.
Cappio said a consultant is expected to present a proposal privately to the Oakland City Council and to the Alameda Board of Supervisors, perhaps as soon as this week.
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