This ordinance creates a special zoning district for the Potrero Yard area and adjusts height and bulk limits for a specific development project at 2500 Mariposa Street. It also includes environmental findings and confirms alignment with the city's General Plan and planning policies.
Ordinance amending the Planning Code and Zoning Map to create the Potrero Yard Special Use District and change the height and bulk limits at 2500 Mariposa Street, Assessor’s Parcel Block No. 3971, Lot No. 001, to facilitate development of the Potrero Yard Modernization Project; adopting findings under the California Environmental Quality Act; making findings of consistency with the General Plan, and the eight priority policies of Planning Code, Section 101.1; and making findings of public necessity, convenience, and welfare under Planning Code, Section 302.
How it got here
This resolution approves a change to an agreement with Potrero Neighborhood Collective LLC, allowing for a potential termination payment increase of about $5.6 million, bringing the total possible payment to just over $15.5 million. It also includes environmental findings in compliance with California law.
This resolution endorses a financial agreement for the modernization of the Potrero Yard by the San Francisco Municipal Transportation Agency, outlining specific milestone payments and terms for the project. It includes provisions for payments totaling up to $75 million initially, with additional payments and adjustments over a 30-year maintenance term, pending final approval by the Board of Supervisors.
