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Ordinance#231128Passed
In plain English

This ordinance allocates $1,350,239 from new tax revenue bonds to support an affordable housing project managed by the Mayor’s Office of Housing and Community Development. The funds will be set aside in the Controller’s Reserve for the fiscal year 2023-2024.

Ordinance appropriating $1,350,239 from the issuance of Treasure Island Infrastructure and Revitalization Financing District (IRFD) Series 2023B Tax Increment Revenue Bonds to the affordable housing project in the Mayor’s Office of Housing and Community Development; and placing these amounts on Controller’s Reserve in Fiscal Year (FY) 2023-2024.

Introduced: Oct 31, 2023
Final action: Feb 9, 2024
Sponsors: Matt Dorsey
Official record ↗

How it got here

Document trail
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BLA Rpt 011024
Budget and Legislative Analyst
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How they voted

PASSED ON FIRST READING
Board of Supervisors · Jan 23, 2024Pass
5-0
AMENDED, AN AMENDMENT OF THE WHOLE BEARING NEW TITLE
Budget and Finance Committee · Jan 10, 2024Pass
3-0
RECOMMENDED AS AMENDED
Budget and Finance Committee · Jan 10, 2024Pass
3-0

Legislative journey

PresidentOct 31, 2023
ASSIGNED UNDER 30 DAY RULE
Budget and Finance CommitteeJan 10, 2024
RECOMMENDED AS AMENDEDPass
AMENDED, AN AMENDMENT OF THE WHOLE BEARING NEW TITLEPass
Board of SupervisorsJan 23, 2024 – Jan 30, 2024
PASSED ON FIRST READINGPass
FINALLY PASSEDPass
MayorFeb 9, 2024
APPROVED