ARGUMENT IN FAVOR OF MEASURE C
It will be more than a football stadium.
It will be a multi-use facility that will serve as an expanded convention center, a stadium for the Chargers and a world-class events center.
It will be a home for international soccer, collegiate basketball championships, extreme sports competitions, concerts and political conventions.
The ground level will be filled with coffee shops, retail spaces, a museum and an incubator for start-up businesses.
And it will also be a spectacular site for America’s national holiday: The Super Bowl.
No new or increased taxes will be imposed on San Diego residents.
The Chargers and the NFL will be contributing $650 million in private investment.
The rest will be paid through an increase in the hotel tax paid by visitors to San Diego.
Residents of the City of San Diego who don’t stay in a hotel room in the City will not pay for the development or operation of this facility.
The City will oversee the design, construction and operation of the facility, not the Chargers.
The measure plans for a new public governing structure or Joint Powers Authority to oversee the design, construction, operation and maintenance of the new facility and manage the hotel taxes and the bonds to complete the development.
Again, no general fund dollars are designated to finance or operate any part of the project.
Even more, the initiative would relieve existing obligations at Qualcomm Stadium that are currently paid out of the general fund totaling $15 million per year.
The facility will create new local jobs.
The facility will create 17,000 jobs during its construction. In addition, between the Chargers’ operations and other events at the facility 3,000 permanent jobs will be created in San Diego.
/s/
JERRY SANDERS
President & CEO, San Diego Regional Chamber of Commerce
CAROL KIM
Boardmember, Middle Class Taxpayers Association
JUAN VARGAS
Member of Congress
NICHOLAS SEGURA
San Diego Building & Construction Trades Council
JOHN THOMSON
Retired Deputy Fire Chief