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Chargers Stadium Negotiator

Discussion in 'Latest Chargers News & Headlines' started by robdog, Nov 1, 2005.

  1. robdog

    robdog Code Monkey Staff Member Administrator

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    Source: <a href="http://www.fox6.com/news/local/story.aspx?content_id=00A68378-E2B5-495A-A89F-2271296D732A" target="_blank">Fox6.com</a>

    The City Council will consider in closed session Tuesday whether to hire a negotiating team to begin talking with the San Diego Chargers over the franchise's proposal for a new stadium.

    The City Attorney's Office has recommended the council authorize up to $50,000 to retain sports consultant Paul Jacobs to lead the talks.

    The team wants to place its proposal, which calls for building a new stadium in Mission Valley to replace the existing Qualcomm Stadium, before voters in November 2006.

    The Chargers have proposed paying the estimated $450 million cost of a new facility in exchange for the city giving up 60 acres of land at the current 166-acre site of Qualcomm Stadium.

    The cost of the stadium, and about $175 million in infrastructure and road improvements incurred by the Chargers, would be recouped by building about 6,000 condominiums on the 60 acres.

    Chargers attorney Mark Fabiani, however, recently cautioned a City Council committee that the timing of the vote hinges on the franchise's ability to attract a development partner.

    Fabiani has said attracting a partner has been difficult because of the San Diego's current financial problems.

    The team has until Feb. 8 to submit a ballot proposal to the city clerk's office and begin gathering signatures for a November 2006 vote.

    As an alternative to the plan to replace Qualcomm Stadium, a group of businessmen has proposed amending the Chargers' recently negotiated lease to allow the team to talk to other cities in San Diego County.

    The team's lease at Qualcomm Stadium was agreed upon in July of last year.

    The deal prevents the Chargers from talking to other cities until Jan. 1, 2007, and requires the team stay in San Diego through at least 2008.
     

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