Tag Archive for: San Diego River Park

San Diego Approves New Financing Method That’s Expected to Generate Millions for River Park Upgrades

The San Diego City Council unanimously approved Tuesday a new funding source to pay for upgrades to the San Diego River, which officials say could become a regional attraction with recreational amenities and riverfront dining. The council voted to create an enhanced infrastructure financing district, which would generate money any time a parcel within half a mile of the river sees its property tax go up in the next 45 years.