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San Diego taxpayers to be Chargers laughingstock?
I think what you're missing is that it is the City of San Diego, not the Chargers, which will issue the bonds. The issuer of bonds will be responsible for the debt service. If the 6% increase proves insufficient to pay the debt service, it will be the issuer of the bonds who pays for what is owed. And the General Fund is still paying on the bonds for Petco Park and the Qualcomm upgrades. BTW, the same is true for any bonds issued for the parking garage in Balboa Park from which parking fee revenue is supposed to pay debt service. Debt service for these bonds also will fall back on the General Fund.— August 25, 2016 11:16 a.m.
San Diego taxpayers to be Chargers laughingstock?
"Fans having to strain their eyes a bit to see the game is hardly a major problem in San Diego".... particularly since so many watch the games on TV because they can't afford tickets and edibles at the stadium.— August 25, 2016 11:02 a.m.
Protesters warm up to tear down Cabrillo Bridge plan
Two things readers need to understand about the Jacobs project. One is that Jacobs always made clear that he would not pay for the actual construction of the project, that others must raise the millions of dollars necessary. Second and most important (share this info with everyone you know), the parking garage is to be built using City funds. The funds would be from a City-issued bond that will be backed by the General Fund (think Fire, Police, Library.....) if revenue from the parking fees is not enough. That revenue is intended not only to pay the bond debt but to pay for operation and maintenance of the garage. This is absurd! San Francisco built a 4-level underground structure with almost the same capacity and it cost $65 million to build. Parking fees are by the hour ($4.50 last I checked), higher on weekends and there's a flat $15 fee for special events. After the first few years it was open, revenue dropped precipitately, fluctuating considerably by season and by whether there was a special exhibit or concert at one of the nearby museums. My figures are from early 2013 but I doubt circumstances have changed very much since.— July 6, 2016 3:45 p.m.
Protesters warm up to tear down Cabrillo Bridge plan
rcurrier - the Zoo's Park Promenade plan (underground parking) is on hold since approval by Council a decade or more ago, primarily because the Zoo wants a City bond issued to build it and a share of the revenue to the Zoo. You're correct that the 650 space garage is for employees only although the Zoo shares it evenings, I believe, with Old Globe attendees. So why do we need more parking and easier access for Old Globe attendees? That was one of the arguments for the valet drop-off by the Alcazar lot for people entering from the bypass bridge then traipsing in numbers through the currently quiet and serene Alcazar Garden.— July 6, 2016 3:36 p.m.
Billionaire Democrat's Balboa Park plan revived by GOP mayor
Geranium - an excellent summary of the issues and egos. I'm happy there's someone else who remembers the proposed Maple Canyon Parkway. Actually, one proposed route went right through the Marston House, which of course would be demolished. I wonder how much that close call influenced Miss Mary Marston's decision to gift the property to the City with strings attached including life estate for herself.— July 3, 2016 2:43 p.m.
Signature-gatherer falsely claims petition will save Comic-Con
But, instead, read the petition itself (at least, the explanatory paragraphs at the head of the petition).— June 7, 2016 8:19 a.m.
Signature-gatherer falsely claims petition will save Comic-Con
Possibly but would the employer care either once they have their share of the money? As I write this, I find myself wondering just how much the petition originators are being paid if their signature gatherers are making $12-$15 per signature, the range I've seen here and there.— June 7, 2016 8:17 a.m.
Signature-gatherer falsely claims petition will save Comic-Con
I wouldn't personally go that far but I would sign only those that I am already familiar with and support.— June 7, 2016 8:14 a.m.
Historical or perfect for a park?
Thank you for the historical timeline.— January 20, 2016 11:28 a.m.
KPBS and U-T plug Jacobs airport-moving scheme
"Back in the day", say the early 1950s, the Federal Government offered Miramar to San Diego for an airport but our always forward-thinking elected officials declined the offer because Miramar was too far away from town.— December 8, 2015 3:19 p.m.