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From the Open-Publishing Newswire
Sat Jan 8 2011 (Updated 01/09/11)San Francisco Wins Bid for America's Cup Regatta
Sat Jan 8 2011 (Updated 01/09/11)Controversy Surrounds Selection of City as Site for Sailing Race
The 34th America's Cup will be held in San Francisco in 2013 and hundreds of thousands of tourists are expected to come to see the sailing races. Critics fear that the No Sit-Lie Law recently created by the passage of Proposition L will be especially enforced during the event and tenants will be required to move away from new construction areas. Still others are concerned about expenditures including an estimated $4 million for a beefed up police presence.
Cup fans point to positive aspects of the regatta saying the event can create an increase in employment and city revenue. However, detractors have responded that any jobs created will be not be full-time permanent jobs; they argue that most of the benefits will go to private business. They fear that the city could actually lose money on the deal.
America's Cup Costs SF $31 million plus | Welcome the America's Cup to San Francisco
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