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February
2009 | by Piper Underwood,
Rimini

You
may have noticed the
smattering of yellow
and black lawn signs
in your neighborhood.
The signs are meant
to increase awareness
regarding fundraising
efforts aimed at preserving
the Shores Property
as educational and
recreational space.
As
of December 31st, 2008,
the fundraisers have
raised $5,373,000 of
the $8.5 million owed.
Since the close of escrow
in May, The Friends
of Del Mar Parks have
raised an additional
$243,011, the majority
of which came in after
they announced the $41/36
campaign in October.
People
who have pledged to
the $41/36 campaign,
that’s
$41 dollars for 36 months,
received a yard sign
and a baseball cap. “In
some neighborhoods,
it’s
the “in” thing
to have a sign,” says
Campaign Coordinator,
Barbara Mandel Pache. “I
have had several calls
from people saying they
saw the signs, and want
to contribute.”
The
City of Del Mar paid
off the remaining balance
to the Del Mar Unified
School District in November
with a $3.8 million
loan from Union Bank.
Campaign fundraising
efforts go directly
toward paying off the
3.8 million loan with
Union Bank. The loan
has quarterly payments
with the first payment
due in February of approximately
$76,000. The fundraisers
estimate they will have
to raise approximately
$30,000 per month on
average to make the
quarterly payments.
If
the campaign does not
raise the entire 8.5
million plus interest,
the City has said it
will look at their “Plan
Bs” which
includes putting City
Hall on the property,
selling the water-district
owned property on Balboa
Avenue, or potentially
selling the property
where the DMUSD offices
currently are located.
The last option seems
unlikely given the City’s
agreement with The School
District whereupon it
was agreed that if the
City sells any portion
of the Shores Property,
75% of the appreciated
value in the property
goes to DMUSD.
The
Friends of Del Mar Parks
fundraisers attest that
all giving will stop,
if the City decides
to put City Hall on
the property. A recent
survey conducted by
the fundraisers attempted
to bring to light how
the citizens would like
the property to be used.
Of the 2,200 citizens
to whom the email was
sent, 175 completed
it, of which 69.8 percent
said they did not want
City Hall placed on
the Shores site.
As
for now, a proposal
brought forth by the
Finance Committee at
Jan. 12th’s
City Council meeting,
for the relocation of
the City Hall to the
Shores Property, has
been shelved.
In
the words of Joe Sullivan,
President of Friends
of Del Mar Parks, “It
appears the City wants
to see The Shores preserved,
protected and enhanced
as educational, recreational,
and community open space.” That
is, if the money can
be raised. In the meantime,
it seems we will have
to “pay-to-play.”
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