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San Diego Mayor, Chargers Look at Alternate Stadium Funding

Roger Showley of the San Diego Union-Tribune reports San Diego mayor Jerry Sanders and Chargers President Dean Spanos explored alternatives Monday to financing a new stadium yesterday if funds from the NFL and downtown redevelopment evaporate.

In their first meeting since October, according to a joint statement, Sanders, Spanos and other city staff and outside interests reviewed the status of state efforts to eliminate redevelopment agencies and with that, no automatic access to downtown property taxes to cover what might be a $950 million program.

They also took note of the NFL’s ongoing salary negotiations with players and the possibility that the league will not have funds available to help finance new stadiums, including for San Diego.

“The Chargers and the mayor’s Office will continue to work together as these important issues are resolved,” the statement said.

A mayoral spokesman said no further meetings have been scheduled but staff will stay in close contact in coming weeks.

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