The Padres have placed $45.8 million of the final proceeds into the design and construction fund for the huge project. The move appears to negate concerns by ballpark foes, who had speculatedthat the Padres didn't have the funding package finalized.
Mayor Dick Murphy joined team officials earlier this week to make the announcement at the construction site near 10th Avenue and K Street close to the Convention Center.
Murphy says he hopes "the ballpark naysayers will finally acknowledge they were wrong when they said the Padres would not finance this project."
Construction crews began erecting steel on the third base side April 29. The process is expected to continue from the third base to the first base side, finishing in June 2003. Earlier this month, Padres officials said the park was about one-third complete and would be ready for an opening day in spring 2004.
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