http://www.signonsandiego.com/news/2010/may/19/chargers-release-downtown-stadium-plan/
$800MM Plan with $500MM in Taxpayer $, $200MM in Charger $ and $100MM from the NFL. Near Petco to leverage parking / transportation.
about 2 years ago
TJB
9 comments
0 recs |
Email
PrintComments
Question...
Does anyone know (if this goes to vote & passes) how the taxpayers will fund this? Will it be in property taxes or sales tax or both???
My guess is that it will only be the city of San Diego & not the county just like with Petco, but i can’t remember how the taxpayers funded Petco.
Supposedly, it will be paid with bonds borrowed against the property taxes of the stadium site.
With Petco they used bonds borrowed against a hotel tax.
No, I don't think you're an idiot. Please don't go trying to prove me wrong about that.
Bolts from the Blue - General Manager: It is what it isn't
None of that was a reference to the Q.
The Q became the Q because of a generous donation by Qualcomm. No public money.
No, I don't think you're an idiot. Please don't go trying to prove me wrong about that.
Bolts from the Blue - General Manager: It is what it isn't
Sorry, I guess I was wondering what "stadium site"
New/Proposed or the Q…
Since I had read something regarding the selloff of the land after the proposed stadium site is developed, to be a possible way to recoup some of the money for the development of the new stadium.
by ReeveOliver on May 21, 2010 11:44 PM PDT up reply actions
From Yesterday's Release:
“Public funding is often provided through hotel, rental car and/or sales taxes.”
Source: Evolution Media Capital, NFL Stadium Financing Background, January 2010 (Presentation to Centre City Development Corporation).
So who knows… I just hope it doesn’t include property tax or sales tax. That’s the one case that I’d vote it down. I forgot where I read it, but I think SD is on the low end as far as touristy cities when it comes to hotel and rental car taxes.
I'm not in the city limits so i really don't have a say,
but hotel, rental car & sale tax seems likea good deal to me… seems like the most of it is gained from out of towners… I personally do most of my spending in mission valley, we buy our vehicles in PB…
If you live in the city limits & you spend a ton of money, I can see beening against it…
I have always liked Stadiums that are a part of the downtown skyline.
Hopefully this gets built.
Self-anointed President of the Kenjon Barner fan club.
Comments For This Post Are Closed
Secondary Sidebar
User Tools
FanPosts
Community blog posts and discussion.
Recent FanPosts
BFTB Apparel Store
In Association With
Shutdown Corner - NFL - Yahoo! Sports
- Ryan Tannehill won’t start right away, according to Dolphins’ owner
- Lions WR Titus Young barred from practice after starting fight with teammate
- Winslow move could be a costly one for Bucs in the short term
- Matthew Stafford spends $15,000 to win auction package, then gives it to a young fan’s family
- Tim Tebow allegedly asked Broadway actress to remove scantily clad Twitter photo
