SAN DIEGO (CNS) - The San Diego County Board of Supervisors Tuesday approved terms for loan repayments to two of the county's redevelopment areas.
The vote was 4-0, with Supervisor Bill Horn absent from this morning's special meeting. The decision sets up repayment schedules for two loans taken out by the county's Redevelopment Agency.
The agency owes $3.8 million to the county's Airport Enterprise Fund for a loan that got the Gillespie Field Redevelopment Project off the ground in 1987. The project, which is also obligated to repay $14.28 million in bonds sold in 2005, was established to upgrade the general aviation airport in El Cajon.
The airport fund is run by the county, but is separate from the county's general fund, said Mikel Haas, the county's deputy chief administrative officer.
The Redevelopment Agency also owes $1.1 million to the county's general fund for the Upper San Diego River Improvement Project, started in 1989 to facilitate development, restore habitat and build flood control measures in Lakeside.
The supervisors' vote Tuesday was meant to "tighten the language" in the redevelopment agency's loan terms to prepare for potential state legislation proposed by Gov. Jerry Brown that would eliminate redevelopment agencies, Haas said.
Haas said state legislation on redevelopment agencies indicated that specific payback schedules would be required, and while San Diego County had agreements in place, it did not have a payback schedule.
Tuesday's vote fixes that discrepancy, he said.
"We wanted to make sure our arrangements here withstand language proposed in Sacramento and maintain the status quo," Haas said.
The county is expected to expend $243,000 in the next fiscal year in loan repayments.
A clear and warm weekend as temperatures begin to warm. Humidity levels in the desert will gradually lower through the weekend as a weak ridge briefly builds Saturday.
San Diegans and tourists alike headed to the coast to take in all that the first day of fall has to offer.
A Navy SEAL is being held in a military brig while authorities investigate the stabbing death of an Islamic State combatant while he was subdued in Iraq last year.
A California kindergartener can keep bringing a cannabis-based drug used for emergency treatment of a rare form of epilepsy to her public school, a judge ruled Friday.
San Diego Mayor Kevin Faulconer signed two resolutions with Tijuana Mayor Juan Manuel Gastelum supporting international trade and border infrastructure programs.
City Attorney Mara Elliott announced that her office, in coordination with other state and city agencies, reached a $1.6 million settlement with Whole Foods Market California Inc. and two related entities resolving allegations of unlawful handling and disposal of hazardous waste and materials.
Police arrested a 32-year-old Escondido man on suspicion of murder in connection with the shooting death of an unidentified male at a bar on West Grand Avenue.
A woman was killed when she stepped out of her boyfriend's car onto a Chula Vista street and was struck by a passing vehicle, authorities said Saturday.
Residents in La Mesa’s Eastridge area are trying to solve a mystery surrounding a dinosaur. The Tyrannosaurus Rex statue appeared on an empty plot of land sometimes over the past few days with no explanation.