Page 8 - Cisterra Development News Today

Attorneys representing taxpayer John Gordon say the settlement is more surrender than anything else

Attorneys for a taxpayer who filed a complaint alleging that the city of San Diego's 101 Ash Street transaction violated the California Constitution because the...

Mayor Todd Gloria has announced a plan for the 101 Ash Street real estate debacle that would allow the city to buy both the Ash Street building and Civic Center...

Mayor Office says careful review of unspecified shows no impact to already-budgeted projects

Mayor Gloria pushes costly settlement on bad real estate deal, but even that may not make it go away entirely

The Mayor is asking the council to approve a $132 million purchase of two downtown buildings, a deal that the City Attorney opposes.

San Diego's City Council postponed a Monday vote on a proposed settlement on 101 Ash Street announced by Mayor Todd Gloria last week.

The San Diego City Council will consider a proposed settlement over the 101 Ash Street and Civic Center Plaza deals that would transfer ownership of the properties to the city for around $132 million.

A vote on a proposed settlement with Cisterra Development and lender CGA over the 101 Ash Street and Civic Center Plaza real estate deals was delayed Monday.

Mayor says he wants to give public more time to review complicated deal and predicts item will return in about one month.