SDCTA Opposes Proposition C (Nov 2016): Chargers' Downtown Convention Center Annex/Stadium Proposal

SDCTA opposes City of San Diego Proposition C, the Chargers' "San Diego Integrated Convention Center Expansion/ Stadium and Tourism Initiative." Even with optimistic and likely unrealistic assumptions and projections, overall revenue would fall significantly short of the estimated $1.15 billion, not including interest on public debt, needed by the City of San Diego to construct this integrated facility. The City of San Diego would likely have to service debt from the General Fund, which funds street repairs, programs for citizens, and other public services, in order to maintain its credit ratings and avoid higher financing charges for future debt.

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Rosey Williams