The ballpark is proposed for a site south of K Street, between Seventh and 10th avenues. I think that we will commit ourselves to a daunting redevelopment program and that is a major, major undertaking, and one which we have some serious anxiety about. I think we have the opportunity to do something enormously important for San Diego. Golding stepped in as a lead city negotiator early this month, after talks had stalled. Sticking points included the amount of contributions both sides would pledge.
Naming rights are a potential source of private sector money for the Padres' share.
The city also has agreed to kick in more than it originally offered. The city's share will come from hotel taxes. The Board of Supervisors voted today for a study on whether San Diego County should help finance the project if needed. Some supervisors were wary of any county involvement without a countywide vote, but supported the preliminary action. The parties are hoping the turnstiles will be clicking at the East Village park no later than opening day 2002.