While it is well known that Mayoral candidate Carl DeMaio is hated by organized labor and certain elements of the downtown San Diego establishment, as of two weeks ago nobody in the downtown establishment had publicly come forward to attack DeMaio. That changed when one of the major downtown ring leaders, Fred Maas, was quoted in Voice of San Diego, …
Key DeMaio CCDC Proposal Wins Council Approval
$228 million of debt transferred from General Fund to Redevelopment By a vote of 7 to 1, a proposal by Councilmember Carl DeMaio was approved today to transfer 30 years of debt service on the Convention Center from the General Fund to the Redevelopment Agency. The action saves taxpayers $228 Million over 30 years. “In these difficult times when we …
Preparing for the Proposed Elimination of Redevelopment Agencies
“Whether you support Redevelopment or not, if Gov. Brown does eliminate funding in whole or in part, city leaders must be prepared to protect taxpayers. Here’s a 3-point memo I have released asking for financial and legal analysis to do just that.” — Carl DeMaio Memorandum Governor Brown’s proposal to eliminate Redevelopment Agencies would have serious consequences for the future …
DeMaio Celebrates Another Victory for Taxpayers; CCDC To Assume Payments on Petco Park Debt
On the heels of the City Council action today to transfer debt service for Petco Park from the City’s General Fund to the Redevelopment Agency, City Councilmember Carl DeMaio released the following statement: “Five years ago, I proposed that the City protect the General Fund by transferring annual debt service payments for Petco Park to the Redevelopment Agency and Centre City Development …
End Run, Touchdown!
The quarterback gives the play in the huddle. Just after the snap, the defenders push to the center and the quarterback gets plowed from the side. The reason: the line decided to go with another play. In case you’re wondering, the public is the quarterback in this end run on the tax cap increase for the Centre City Development Corp. …
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