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Amends The Charter To Designate The Use Of Lease Revenue From Mission Bay Park
City of San Diego
Majority Approval Required
Pass: 300569 / 66.94% Yes votes ...... 148423 / 33.06% No votes
Index of all Propositions
|Results as of Jan 24 10:40am|
|Information shown below: Summary | Fiscal Impact | Impartial Analysis | Arguments ||
Shall the City Charter be amended requiring that annual lease revenue generated in Mission Bay Park exceeding $23 million initially and decreasing to $20 million after 5 years be appropriated 75% for capital improvements in Mission Bay Park and 25% for capital improvements in Chollas Lake, Balboa, Mission Trails, Otay River Valley, Presidio and San Diego River Parks; open space parks; coastal beaches and contiguous coastal parks; and future regional parks?
The proposed Charter amendment would be in effect from July 1, 2009 until June 30, 2039. The amendment establishes a different sum for the excess lease revenues for the first five years: excess lease revenue is defined as annual revenue which exceeds $23 million beginning in July 1, 2009 and ending June 30, 2014. Starting July 1, 2014, excess lease revenue is again set at $20 million. The proposed Charter amendment also changes the apportionment of the excess lease revenue: 75% of the excess lease revenue shall be deposited into a Mission Bay Improvement Fund and 25% of the excess lease revenue shall be deposited into a San Diego Regional Parks Improvement Fund.
The funds in the Mission Bay Improvement Fund shall first be spent on specific priority projects. Upon the completion of those projects, the funds shall be used for capital improvements within the defined Mission Bay Improvement Zone as recommended by the Mission Bay Improvement Fund Oversight Committee and approved by City Council.
The excess lease revenue deposited into the San Diego Regional Parks Improvement Fund shall be spent for capital improvements in Chollas Lake Park, Balboa Park, Mission Trails Regional Park, Otay River Valley Park, Presidio Park, San Diego River Park, open space parks, coastal beaches and contiguous coastal parks, and future parks serving regional residents and/or visitor populations as may later be determined by ordinance of the City Council. The amendment no longer allows the funds to be spent on planning, deferred maintenance, and land acquisitions. The improvements shall be recommended by the San Diego Regional Parks Improvement Fund Oversight Committee and approved by the City Council.
If this proposition is approved, Municipal Code 22.0229 will be repealed. The Mission Bay Park Committee shall initially be designated by the City Council to serve as the Mission Bay Park Improvement Fund Oversight Committee. The Park and Recreation Board shall initially be designated by the City Council to serve as the San Diego Regional Parks Improvement Fund Oversight Committee.
Local News and Analysis|
ABC 10 News San Diego
|Arguments For Proposition C|
MISSION BAY REVENUE SHOULD BENEFIT MISSION BAY PARK.|
Mission Bay Park is a recreational and environmental asset for all San Diegans. The Park protects wildlife, provides for dozens of leisure activities and attracts tourists to strengthen our economy.
Unlike other parks, Mission Bay generates millions of dollars for the City through leases with hotels, Sea World, and other businesses. This money was originally used to pay for Mission Bay Park. Over time, it has been siphoned away to pay for other things.
FACT: Only 8% of Mission Bay lease revenue is spent improving Mission Bay; 92% is used elsewhere - mostly for "general" city expenses.
IMPROVE MISSION BAY WITHOUT USING TAX DOLLARS.
Priority projects include:
BUDGET REFORM AND INDEPENDENT OVERSIGHT
MORE MONEY FOR OTHER REGIONAL PARKS
(Titles of signers for identification purposes only; does not imply endorsement by any group)
Mayor of San Diego
(No arguments against Proposition C were submitted)