Laura Cedergreen 12:30 p.m., March 9
Suit Filed Against Midnight Backroom Deal
A complaint was filed in Sacramento Superior Court Friday to set aside the late-hour, hush-hush deal that gives Centre City Development Corp. authority to boost its borrowing power as a way to make way for the downtown Chargers stadium proposal that would cost the City at least $500 million and probably closer to $700 million. Simon Moghadan sued the California State Board of Equalization, Department of Finance and Department of Housing and Community Development over the deal. The plaintiff's law firm is Aguirre, Morrison & Severson. The suit seeks to restore property taxes that would otherwise be diverted from the City of San Diego to the Redevelopment Agency, according to Mike Aguirre, former city attorney and lawyer for the firm.