LA Weekly: The Chargers-Raiders Scam

Greg Larkin Greg Larkin 3 Comments

Share

from LA Weekly…

“If you believe that the NFL’s Chargers and Raiders are coming to town in order to share a $1.7 billion stadium in Carson, you might also be interested in our all-you-can-eat diet.

“In other words, it’s a scam. The NFL has long kept the L.A. market vacant as a way for teams to extract costly stadiums from taxpayers in their home towns.

Read it here.

Share

Comments 3

  1. Solution: Vote to move Airport and Port CEQA-level Projects to our State- and Federally Mandated Municipal Planning Organization (MPO), SANDAG through State Legislation to amend the San Diego County Regional Airport Authority. Then let the whole region and County of San Diego to come up with a funding plan.

    http://tinyurl.com/20140531a

    While at the same time raise the City of San Diego TOT to a maximum effective TOT rate of 15.5% already approved by the Hoteliers. With zero of the 5% going for a Stadium. Only for Infrastructure 3%, Homeless and Affordable Housing 1%, and Arts, Culture, Neighborhoods 1%.

  2. Rule number one for getting public support:

    Make it understandable to the public.

    “Move Airport and Port CEQA-level Projects to our State and Federally Mandated Municipal Planning Organization (MPO), SANDAG through State Legislation to amend the San Diego County Regional Airport Authority … while at the same time raise the City of San Diego TOT to a maximum effective rate of 15.5% already approved by the Hoteliers.”

    #Fail

  3. Short Answer: Consolidating Regional Planning of the Airport and Port to SANDAG would Net an annual $200 million cash for use for Regional Infrastructure projects, without the need for a public vote or Tax Increase.

    Analysis:
    Plus it will allow the region to share the wealth being hoarded by the 2002 legislation that create the Airport Authority which is governed by a majority of Non-Elected officials.

    The new $200 million for regional Infrastructure Capital Improvement Projects (CIP) could be used for a full Reclamation our State Tidelands, for Urban Storm Water Runoff, Rain Water capture, and subterranean Parking structure, or any Regional Infrastructure projects including a Stadium or Convention Center or whatever SANDAG wants to fund including Wetland preservation, San Diego River Park Improvements, neighborhood infrastructure, etc.

    http://www.utsandiego.com/news/2013/dec/03/lindbergh-airport-rental-car-bids-small-business/

    Because they are rich, the Airport Authority is building the $316 million Rental Car parking garage off Pacific Highway, and built the $907 million Terminal 2 Expansion through Lease Revenue Bonds.

    There are plans for $1.67 BILLION in new Lease Revenue bonds for the Airport’s CIP and Infrastructure war chest to 2019 as documented in the Airport’s FY-2014 CAFR

    http://tinyurl.com/20140630e

    CIP 2014-2019 = $1,666,700,000 = 1.67 Billion CIP to 2019. 

    $193.3 million Airside Projects.
    
$814.4 million Landside Projects.

    $639.3 million Terminal Projects
    
$ 19.7 million Administrative Projects

    Money available from Consolidation and Efficiency of Regional Planning can be used for CEQA-level reviews for all stadium and Convention Expansion options including Mission Valley, East Village, Embarcadero Marina Park South contiguous location, Tenth Avenue Marine Terminal (TAMT), Chula Vista tidelands, etc. without touching the City’s General Fund.

    The Airport Authority was formed to have enough money for Infrastructure and Capital Improvement Projects for the planned move of our downtown Airport to Miramar through the then-upcoming 2006 Proposition A public vote.

    http://www.smartvoter.org/2006/11/07/ca/sd/prop/A/

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.