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Builders give $10K to Jerry Sanders 401(k) Campaign

The Building Industry Association of San Diego County PAC has made a big contribution to the effort by San Diego mayor Jerry Sanders, councilman Carl DeMaio, and the GOP Lincoln Club, among others, to qualify a ballot measure to replace traditional pensions for new city workers with a 401(k)-style plan.

On May 19, according to a semi-annual report filed with the California secretary of state, the PAC gave $10,000 to Comprehensive Pension Reform for San Diego. It also gave $5000 to the county Republican Party.

Major contributors to the PAC included Chelsea Investment Corp. of Carlsbad ($5020); Cornerstone Communities ($2533); LDN Consulting, Inc. of Fallbrook ($1050); and William Ostrem, president of Black Mountain Ranch LLC ($1000). Ryland Homes of Corona gave $550, as did San Diego's Picketfence Design.

Olivenhain's David Hammar, a civil engineer with Hunsaker & Associates, gave $890.

Some of the contributors to the PAC have had dealings with Sanders.

Chelsea is working on 92 taxpayer subsidized units in Barrio Logan's Mercado redevelopment project. In a recent Voice of San Diego write-up highlighting high costs of subsidized housing units, Chelsea CEO Jim Schmid blamed government requirements to pay union level wages for driving up expenses.

Cornerstone is currently planning nine condos at Front and Cedar downtown, according to a recent report in the Union-Tribune.

We have the BIA PAC campaign finance report here.

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The Building Industry Association of San Diego County PAC has made a big contribution to the effort by San Diego mayor Jerry Sanders, councilman Carl DeMaio, and the GOP Lincoln Club, among others, to qualify a ballot measure to replace traditional pensions for new city workers with a 401(k)-style plan.

On May 19, according to a semi-annual report filed with the California secretary of state, the PAC gave $10,000 to Comprehensive Pension Reform for San Diego. It also gave $5000 to the county Republican Party.

Major contributors to the PAC included Chelsea Investment Corp. of Carlsbad ($5020); Cornerstone Communities ($2533); LDN Consulting, Inc. of Fallbrook ($1050); and William Ostrem, president of Black Mountain Ranch LLC ($1000). Ryland Homes of Corona gave $550, as did San Diego's Picketfence Design.

Olivenhain's David Hammar, a civil engineer with Hunsaker & Associates, gave $890.

Some of the contributors to the PAC have had dealings with Sanders.

Chelsea is working on 92 taxpayer subsidized units in Barrio Logan's Mercado redevelopment project. In a recent Voice of San Diego write-up highlighting high costs of subsidized housing units, Chelsea CEO Jim Schmid blamed government requirements to pay union level wages for driving up expenses.

Cornerstone is currently planning nine condos at Front and Cedar downtown, according to a recent report in the Union-Tribune.

We have the BIA PAC campaign finance report here.

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4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs
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