Tuesday, August 26, 2008
Tom Fudge: Nancy Graham resigned as the head of San Diego's downtown redevelopment arm, the CCDC, in July. She said she needed to take care of her sick mother, but local folks were left wondering if that was the real reason she left. Graham has come under serious scrutiny for her financial relationships with two developers who were doing business with the Center City Development Corporation. One is called The Related Group. The other is called Lennar Corporation.
Yesterday, San Diego City Attorney Mike Aguirre spoke on the matter. He said that Graham's conflict of interest has tainted her work as head of the CCDC. He says this will require the development agency to take new official action on any deal that was compromised by Graham's failure to disclose her financial relationships. Were talking about deals, here, that involve hundreds of millions of dollars.
- Rob Davis, staff writer for voiceofsandiego.org .