Reform 9.1.1: Petco Park

Require that all remaining debt payments for Petco Park be assumed and paid entirely by the Redevelopment Agency.

Other Information:

Currently, five years of debt payments have been approved (FY 2009 – FY 2013). This decision would make the debt payment arrangement permanent and will provide major General Fund benefit beginning in FY 2014 – reducing General Fund expenses by $11.3 million in that year.1

Indicator(s):

Indicator:1

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