October 12, 2007

Greg S. Shannon, Vice President of Development
Shea Properties
9990 Mesa Rim Rd.
San Diego, CA 92121

Re:  Fiscal and Economic Benefits of the Mercado Del Barrio Project

Downloads (PDF)
Barrio Logan Mercado Project Fiscal Impact Summary
Barrio Logan Mercado Methodology
Barrio Logan Mercado Revenues and Expeditures

Dear Greg:

TaxpayersAdvocate.org retained Rea & Parker Research to determine the fiscal and economic benefits of the Mercado Del Barrio Project.  The key findings below illustrate that the project should generate the following benefits to the City of San Diego and Redevelopment Agency

Analysis of the Chula Vista’s Bayfront Plan & Gaylord Project Finds Plan “Fatally Flawed”
Download Study

Dear Chairperson Atkins and Members of the Committee:

TaxpayersAdvocate.org is conducting a fiscal and management review of the San Diego City Attorney’s office. The primary intent of this project is to focus on how and where the San Diego City Attorney spends taxpayer’s funds and resources.

A Fiscal Analysis of the City of Chula Vista

The City of Chula Vista is facing a serious, self-created financial crisis. This looming crisis is as a result of actions by City Council and is caused by the following factors:

• Significant increases to spending, which has consistently out-stripped healthy revenue growth
• Significant increase in General Fund debt
• Significant increase in un-funded pension liability

Download Complete Study  |  Newsrelease  |  City of Chula Vista Response

Solana Beach — Financial Storm Clouds Ahead

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Complete Study   Employee Compensation

“…small cities such as Solana Beach are considered today on the “endangered list.” There is a real and rational concern throughout the county, among city management and civic leaders, as to whether or not small cities will be able to survive the competition for finances, resources, and the lure of the “large pockets” found among large cities and counties.”

Mayor David Powell, State of the City Address, June 21, 2006

SAN FRANCISCO, April 1 — It is the kind of political movement that fits handily on a bumper sticker: Divest Iran.

Over the past year, one state, Missouri, has opted to do just that, while several others, including New Jersey, have also begun to write or to consider legislation to divest.

But the nascent movement took on decidedly more weight last week with the preliminary success of a bill in the California Legislature.

Honorable Edward P. Hernandez, Chair Assembly PERS Committee
California State Assembly
Sacramento, CA

Dear Chairman Hernandez and Members of the Committee:

I am writing to urge you to support AB 221.  Since American taxpayers have spent billions of dollars fighting terrorism, it seems bizarre at best that California taxpayer's are investing in foreign companies which do business with the terror-supporting nation of Iran.

“It is unconscionable for our country's public pension systems to permit investment in companies that provide revenues, advanced equipment and technology to countries that threaten our vital security interests.”

U.S. Sen. Frank Lautenberg, D-N.J.