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SDNews.com
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Business briefs

Tech by Tech
April 26, 2008
in SDNews
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DAWN SHINES BRIGHTLY
Design Line Interiors founder and president Dawn Kearney Davidson of La Jolla was recently inducted into the SD Building Industry Association’s Hall of Fame.
She has steered Design Line into the green building movement and global prominence.

Downtown law campus site permit approved
The San Diego Planning Commission has unanimously approved a site development permit for a Thomas Jefferson School of Law East Village campus.
The new single-building facility is to be located at 1123 Island Ave., on a trolley line and near Petco Park and the planned site of the new downtown library. Thomas Jefferson Dean Rudy Hasl said plans to relocate the law school to the downtown area have been unfolding for about two years and that the new campus should open in the fall of 2010.
The 177,000 square feet will include several outdoor terraces, a legal clinic and a public café and bookstore.
“We plan to be a vibrant part of the East Village ” we’re the last piece of the puzzle in this newly redeveloped setting of commercial and residential mixed use,” Hasl said.
Thomas Jefferson School of Law, currently located in Old Town San Diego, is accredited by the American Bar Association and the Committee of Bar Examiners of the State of California and is also a member of the Association of American Law Schools. In addition to its juris doctor program, the law school offers master of law degrees in three different international legal specialties.
The Old Town facility is up for sale.

City bond rating: SD wins some, loses some
San Diego’s long-awaited return to the public borrowing market appears likely next year amid a positive sign “” the city’s fourth clean audit record in the last 13 months. Meanwhile, the city is forced to borrow $250 million privately toward the repair of several failing facilities, a procedure that will probably take place before June.
The development is important because public municipal bonds are available at lower interest rates. Presently, the city is prohibited from the bond market amid poor credit ratings stemming from a series of investigations into city finances dating to 2003. Chief among the findings were a pension deficit of more than $1 billion and the role of grant awards in certain regulatory guidelines.
Macias, Gini & O’Connell, the city’s auditor, released the letter, which focused on the city’s 2006 audit. The release of the 2007 and 2008 audits is planned before the end of this year.
Prior to Mayor Sanders taking office, the city had not issued audited financial statements for three years running.

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