With the California Supreme Court ruling yesterday that the state can indeed eliminate city and county redevelopment agencies, the fate of new ballparks in Escondido and the Bay Area became clearer. The California Supreme Court not only ruled that the state can eliminate redevelopment agencies — and recapture locally generated revenues in the process — […]
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Moorad to Escondido: We need quick deal on ballpark
Because he may conditionally sell the Tucson Padres (Class AAA; Pacific Coast League), owner Jeff Moorad is demanding a commitment from Escondido to build a $50M ballpark — with no funding assured. As you’ll recall, the city backed away from the idea of public financing of a new ballpark for Moorad, also the owner of […]