This resolution approves the expansion of the Infrastructure and Revitalization Financing District No. 1 on Treasure Island and updates its financing plan. It also addresses related administrative matters.
Resolution approving addition of territory to and adoption of amendments to the Infrastructure Financing Plan for the City and County of San Francisco Infrastructure and Revitalization Financing District No. 1 (Treasure Island) and project areas therein; and determining other matters in connection therewith, as defined herein.
How it got here
The legislation originated from the need to amend the Infrastructure Financing Plan for the Treasure Island project to reflect changes in territory and project boundaries.
The California Legislature designated the Treasure Island Development Authority (TIDA) as a redevelopment agency for the former Naval Station Treasure Island under the Treasure Island Conversion Act of 1997.
TIDA and Treasure Island Community Development, LLC entered into a Disposition and Development Agreement (DDA) that governs the development of Treasure Island.
The Board of Supervisors adopted Ordinance No. 21-17, forming the Infrastructure and Revitalization Financing District No. 1 (Treasure Island) and establishing initial project areas.
The Board declared its intention to conduct proceedings to amend the Infrastructure Financing Plan for the Treasure Island IRFD, initiating the amendment process.
The Controller's Office recommended that the Board consider resolutions and an ordinance to amend the Infrastructure Financing Plan, including scheduling a special landowner election.
The Board of Supervisors adopted the resolution approving the addition of territory to and amendments to the Infrastructure Financing Plan for the Treasure Island IRFD.
The Mayor approved the resolution passed by the Board of Supervisors regarding the amendments to the Infrastructure Financing Plan.
Reconstructed from attached documents & the official record
This ordinance expands the area covered by the Infrastructure Financing District No. 1 on Treasure Island and updates the financing plan for infrastructure projects in that area. It also addresses related administrative matters.
This resolution adds new areas to the existing Infrastructure Financing Plan for Treasure Island and makes amendments to support infrastructure development there. It also addresses related administrative matters.
This ordinance expands the area covered by the Infrastructure Financing District No. 1 on Treasure Island and updates the financing plan for infrastructure projects in that area. It also addresses related administrative matters.
This resolution adds new areas to the existing Infrastructure Financing Plan for Treasure Island and makes amendments to support infrastructure development there. It also addresses related administrative matters.
This resolution calls for a special election regarding the establishment of an Infrastructure and Revitalization Financing District on Treasure Island. It also addresses related administrative matters necessary for the election process.
This resolution confirms the results of a special election held by landowners in the Treasure Island area regarding the Infrastructure and Revitalization Financing District No. 1. It also addresses related administrative matters as outlined in the document.
This resolution allows the Director of the Office of Public Finance to create an updated financing plan for the Treasure Island Infrastructure and Revitalization Financing District. It also addresses related matters connected to this project area.
This resolution intends to expand and modify the financing plan for the Treasure Island Infrastructure and Revitalization Financing District. It also schedules a public hearing for January 11, 2022, to discuss these changes.
This legislation involves a public hearing to discuss expanding and updating the Infrastructure Financing Plan for the Treasure Island area. The hearing is scheduled for January 11, 2022, at 3:00 p.m.
