Del Mar Fairgrounds sale nixed

Gov. Arnold Schwarzenegger’s idea to sell off the state-owned Del Mar Fairgrounds to help ease California’s budget woes has been nixed, it was reported Thursday.

The decision not to pursue the sell of the local fairgrounds was confirmed this week by Melanie Reagan, a spokeswoman for Sen. Dennis Hollingsworth, R-Temecula, a lead budget negotiator, according to The San Diego Union-Tribune.

“Del Mar is off all lists,” Reagan told the newspaper in an e-mail.

In May, Schwarzenegger identified the Del Mar Fairgrounds as one of dozens of state-owned properties that could be sold.

Under a tentative deal reached by state legislators this week to close California’s $26 billion deficit, Schwarzenegger is granted some latitude over sale and lease of state properties, but not the Del Mar Fairgrounds, according to the Union-Tribune.

State legislators are expected to vote on the proposal today.

Del Mar Mayor Crystal Crawford told the Union-Tribune that her city will continue working on a plan to buy the fairgrounds just in case the proposed budget isn’t approved today.

“Things are happening too quickly, and they’re changing every day,” Crawford told the newspaper. “We can’t take our eye off Sacramento at this point.” The Del Mar Fairgrounds is valued at between $400 million and $700 million, according to the Union-Tribune.

Related posts:

  1. Del Mar City Council may buy Fairgrounds
  2. Governor to announce plan to sell fairgrounds
  3. Fairgrounds officials try to sell naming rights
  4. DM Fairgrounds sells naming rights to Albertsons
  5. Del Mar Fairgrounds clarifies furlough confusion

Short URL: http://www.delmartimes.net/?p=3059

Posted by on Jul 23, 2009. Filed under Archives. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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