Jim Waring resigns over Sunroad, gets mortgage on La Jolla mansion

San Diego — San Diego mayor Jerry Sanders's resigned development czar recently took out a big mortgage on his mansion on La Jolla Scenic Drive. According to a trust deed recorded April 12, Jim Waring, who departed city hall three weeks ago in the aftermath of the Sunroad office building debacle, and his wife Kathy received a $2 million revolving line of credit from US Bank. ... University of California president Bob Dynes, who coincidentally announced his resignation on the same mid-August day as White House political guru Karl Rove, was reportedly given the boot by regents dissatisfied with years of controversy he had provoked. But individual regents weren't willing to go on the record to explain their motivation. One especially closed-mouth regent was Padres owner John Moores, who headed the committee that picked Dynes in the first place. Moores and Dynes's ex-father-in-law Warren Hellman are business partners, and Moores and Dynes served together on the board of Leap Wireless. Moores is now on the committee to select Dynes's successor.