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Alex Spanos is the owner of the San Diego Chargers. He is also one of the biggest political donors in the State and one of our richest citizens. He got rich by getting the poor and middle class to buy him stadiums.
"The environment is filled with significant uncertainties for both the city and team, though the city's side of the bargain was supposed to be clearer by now.
City and redevelopment officials now say the Chargers stadium is part of the larger debate about the future of downtown redevelopment. That debate was thought to have been resolved by last-minute state legislation passed in October that extended CCDC's lifespan by 20 years to 2043, a move that allows the city to collect and spend significantly more tax dollars downtown.
Simply put, they said, there still might not be enough money to pay for a new stadium and other demands on the downtown redevelopment kitty.
"There is only a set amount of redevelopment dollars available," said Darren Pudgil, a spokesman for Mayor Jerry Sanders."
Money meant to fix "blight” could be used to make Spanos richer. Government by definition is corrupt and incompetent--this is further proof of that fact.
More...
"The environment is filled with significant uncertainties for both the city and team, though the city's side of the bargain was supposed to be clearer by now.
City and redevelopment officials now say the Chargers stadium is part of the larger debate about the future of downtown redevelopment. That debate was thought to have been resolved by last-minute state legislation passed in October that extended CCDC's lifespan by 20 years to 2043, a move that allows the city to collect and spend significantly more tax dollars downtown.
Simply put, they said, there still might not be enough money to pay for a new stadium and other demands on the downtown redevelopment kitty.
"There is only a set amount of redevelopment dollars available," said Darren Pudgil, a spokesman for Mayor Jerry Sanders."
Money meant to fix "blight” could be used to make Spanos richer. Government by definition is corrupt and incompetent--this is further proof of that fact.
More...