Lot’s of Million dollar homes measn lot’s of taxes being collected to pay for services.
It also attracts lots of disposable income that is spent in stores and creates jobs which in turn provides additioanal tax revenue.
With respect to school I believe High Tech High is in the area and it is considered one of the best in San Diego. I already know that this is a charter school not the actual public school for the aea.
I also beleive this was an award winning project.
So let’s see. Let’s do nothing with the land and collect no revenue’s or let’s have a developer pony up his cash and create a purpituity of tax revenues. Do a net present value calcualtion on that and see if the deal makes more sense.
Could they have negotiated a better deal. Who knows? Did they create a disirable area. Absolutely.
