Port of San Diego and San Diego County Regional Airport Authority Reach Rental Car Fee Settlement to Support Chula Vista Bayfront Project
Contact: Tanya Castaneda, (619) 686-6330, email@example.com
SAN DIEGO, Calif.: On August 28, 2018, a joint statement was released by the Port of San Diego and the San Diego County Regional Airport Authority along with a copy of a settlement agreement signed on August 27, 2018.
Statement by Port of San Diego and San Diego County Regional Airport Authority:
Following productive discussions, the Port of San Diego and the San Diego County Regional Airport Authority have reached a settlement regarding the rental car fee currently being collected that will fund the construction of a parking garage on the Chula Vista Bayfront. Under the settlement, the Airport Authority agreed to withdraw from a lawsuit that was filed by two rental car companies challenging the fee, and the Port agreed to several significant provisions that protect a number of Airport Authority interests. The Port and the Airport Authority are committed to being good regional partners, and this settlement supports financial sustainability of the Chula Vista Bayfront, a project that will create more than 20,000 permanent jobs with a regional economic impact of more than $2 billion annually.
“Our San Diego region is known as a place where people put aside narrow interests and work together to overcome obstacles for the greater good. That’s why I am pleased that we have reached a settlement with the San Diego County Regional Airport Authority regarding their response to litigation over a rental car fee, which is an important component of the Chula Vista Bayfront plan,” said Rafael Castellanos, Port of San Diego Chairman. “I want to thank everyone, including elected leaders and community stakeholders, who encouraged a prompt resolution of this matter.”
“The Chula Vista Bayfront project is a game-changer for economic development in South Bay, and we need to continue our momentum on the resort hotel and convention center that will be a cornerstone of this project,” said Port of San Diego Commissioner Ann Moore, Chula Vista’s representative on the Board. “We have reached a resolution that addresses the funding mechanism for a parking facility that will serve the public for many years to come. I’m pleased that all parties recognize the importance of this project, and now we can move forward without further delay.”
“The Airport Authority stands behind important projects, like the Chula Vista Bayfront redevelopment, that draw visitors to our region,” said April Boling, Airport Authority Board Chairman. “Regional prosperity hinges on everyone working together, and in this case, both parties have done that.”
About the Chula Vista Bayfront:
The 535-acre Chula Vista Bayfront project will transform a largely vacant and underutilized industrial landscape into a thriving recreational, residential and resort destination on the Chula Vista waterfront. When complete, the public will enjoy more than 200 acres of parks and open space, a shoreline promenade, walking trails, RV camping, shopping, dining, and more.
About THE Port of San Diego
The Port of San Diego serves the people of California as a specially created district, balancing multiple uses on 34 miles along San Diego Bay spanning five cities. Collecting no tax dollars, the Port manages a diverse portfolio to generate revenues that support vital public services and amenities.
The Port champions Maritime, Waterfront Development, Public Safety, Experiences and Environment, all focused on enriching the relationship people and businesses have with our dynamic waterfront. From cargo and cruise terminals to hotels and restaurants, from marinas to museums, from 22 public parks to countless events, the Port contributes to the region’s prosperity and remarkable way of life on a daily basis.