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New Niners stadium moves another step closer to reality

New Niners stadium moves another step closer to reality

The San Francisco 49ers and the powers-that-be in Santa Clara recently lined up $850 million in loans for the construction of a new stadium.  On Tuesday night, the Santa Clara Stadium Authority voted unanimously to approve the loans. Also approved was a 40-year lease agreement between the team and the city. The 68,500-seat stadium has…