Greedy Corporation to Increase Taxes, Demolish Bus Park a.k.a. The Chargers Might Get a New Stadium

That bastion of hope and truth that is SignOnSanDiego.com announced Tuesday that the city is hiring a private consultant group to study the viability of a new football stadium in San Diego. The Chargers are currently eying the land bounded by 14th, K, 16th, and Imperial Avenue as illustrated above.

According to Mark Fabiani, who has headed the stadium search since 2002, the significance here is that this happened quickly (3 weeks) after a meeting between Mayor Jerry Sanders and Chargers owner Dean Spanos.

Now I know this isn't a political blog, but just allow me this brief aside. Mark Fabiani's job is to find the Chargers a new stadium. He has been getting paid for this for seven years. The Chargers do not have a new stadium yet. Furthermore, this group was hired 3 weeks after Sanders and Spanos met. This was considered a quick turnaround. Is anyone still wondering why our city is in financial shambles?

Now back to the stadium. The Chargers are willing to spend $200 million, and it's said that the NFL would put in an extra $100 million. Private investors and taxpayers would have to make up the difference, which will probably be around $500 million. We'll know exactly how much this is when the study is done in approximately 4 months. Also, due to a fault line running under Tailgate Park, which is to the West of the site, construction will only be possible on the Eastern side of the stadium location. Apparently this only makes construction of the stadium difficult, rather than impossible which was my original impression.

Technical talk aside, this would be really nice and I'm sure everyone hopes it happens. Enjoy that extra 0.5% tax increase, San Diego. Maybe you'll be able to afford a ticket or two.