City Council Takes Important Step in Approving Deal with SDSU

Sherman Urges SDSU to Fix Traffic Mitigation Flaws in Draft EIR

San Diego – Today, the City Council voted unanimously to direct the City Attorney to begin a draft Purchase and Sale Agreement (PSA) for the sale of the former Chargers stadium site to San Diego State University. The PSA will be drafted based on recent analysis by the Independent Budget Analyst (IBA) and the City Attorney’s office that ensures taxpayers are given a fair deal and the city’s general fund is protected.

While the City and SDSU are getting close on a price to sell the property, inadequate traffic mitigation measures in SDSU’s draft Economic Impact Report (EIR) is still a serious concern that if not fixed, could negatively affect District 7 residents for decades after a deal is made. It is vitally important to Councilmember Sherman and the constituents he represents that binding traffic mitigation measures are included in the final deal.

“I appreciate the hard work of city staff and SDSU representatives in getting us this far. I believe we are extremely close in reaching a deal,” said Councilmember Sherman. “However, serious traffic mitigation flaws in the draft EIR must be corrected before an agreement is signed.”

Councilmember Sherman released a memo this morning outlining his concerns with SDSU’s draft EIR.