Don Bauder 9:30 p.m., July 25
- Community Blog
- Encanto Gas Holder
No SEDC Firing Bonus Check Soon for Smith
Citing a a likely outcome in favor of plaintiff Ian Trowbridge, the Court in his lawsuit against the Southeastern Economic Development Corporation (SEDC) in San Diego to not pay fired president Carolyn Smith's hundred-thousand-dollar firing bonus "without cause" did enjoin SEDC not to pay her until the case had been settled.
Having received several pieces of correspondence (including one in the mail yesterday that allegedly also went to the San Diego Superior Court) from another former SEDC president who was in charge when Carolyn Smith first came to work at that redevelopment agency/corporation, I can see where Ms. Smith gets her propensity for hasty and somewhat erroneous interpretations of law from. It is unfortunate for our strong mayor and the taxpayers of San Diego that this also seems to have rubbed off on the board of SEDC as well.
Personally, I believe that the Court is persuaded not only that Mr. Trowbridge will prevail, but that Ms. Smith's "termination without cause" was mis-labeled. This is merely my opinion, but it is fairly substantiated by the two most recent SEDC performance audits as well as SEDC's own meeting minutes of the board. It is instructive that the one recent instance that comes to mind of minutes-reported irregularities seems to have resulted in the mandated re-bidding of the Valencia Business Park project (see "Short Takes: S.D. to seek new bids for redevelopment site" on http://www.signonsandiego.com/news/metro/20081018-9999-1m18b2briefs.html).