Economy

Economy

Santa Clara settles lawsuit with 49ers

Santa Clara and the San Francisco 49ers have settled their last outstanding lawsuit after years of conflict, taking a step toward reconciliation. The settlement will generate $20 million for Santa Clara over the next two years through changes to the city’s contracts with the 49ers, including $2.8 million in the next fiscal year, according to...

Sunnyvale voters to decide on library renovation

Sunnyvale voters will have a tax measure on their November ballot — a long-needed bond to renovate the city’s public library. The Sunnyvale City Council voted unanimously on Tuesday to move forward with a $290 million general obligation bond to support rebuilding the city’s main public library, and axing plans for a property transfer tax ...

Fight to stop anti-tax measure comes to Silicon Valley

A November ballot measure could profoundly change how essential government services are funded in California. The statewide fight to stop it has reached Silicon Valley. Labor, community and city leaders from Mountain View, Los Altos and San Jose rallied with signs and horns on Wednesday against a business community-sponsored initiative known as the Taxpayer Protection...

West Valley city faces multimillion-dollar shortfall

One West Valley city will be forced to tighten its belt in the coming years, as it faces a multimillion–dollar budget shortfall largely due to factors outside its control. Campbell anticipates roughly $66 million in revenue for fiscal year 2024-25, but expects to spend about $70 million, resulting in an estimated $4 million budget deficit....

San Jose cannabis dispensary opens in downtown

San Jose has opened its first ever retail storefront for cannabis in the heart of downtown. For years the city had strict rules on where dispensaries could operate, relegating them to industrial areas. Last year the City Council revised regulations on where dispensaries rent space and allowing one operator to have more than one location. Mark Ritchie, president...

San Jose food hall has rocky start

People driving by San Jose’s Downtown Food Hall might be forgiven for thinking it’s closed. The dark interior seems to be housing abandoned equipment. Next to a locked door directly under the building’s marquee, an “open” sign is turned off. The real entrance is three windows down, under an incongruous green and white striped awning....

San Jose looks to raise garbage and recycling rates

San Jose garbage and recycling rates are on the rise again, making it more difficult for low-income families to balance their budgets. The city is proposing a 4% rate increase or $2.05 a month for single-family service, which would bring the monthly bill to $53.45 or $641.40 annually for the 32-gallon cart. The multi-family service...

Last call at Los Gatos nightclub & bar after 50 years

Mini disco balls dangle from a giant chandelier over people dancing energetically to a cover band’s live performance of Bruno Mars’ “Uptown Funk ” — but not much longer, as a legendary Los Gatos club shuts its doors after more than five decades. Charley’s Los Gatos Bar & Nightclub, a beloved local spot known for...