This resolution approves a settlement of $281,289.76 to GSW Arena LLC for claims related to tax refunds filed against the city. The claims were submitted in 2023 and 2024 and pertain to gross receipts, homelessness gross receipts, and commercial rents taxes.
Resolution approving the settlement of the unlitigated claims filed by GSW Arena LLC against the City and County of San Francisco for $281,289.76; the claims were filed on August 4, 2023, and April 3, 2024; the claims involve a refund of gross receipts, homelessness gross receipts, and commercial rents taxes.
How it got here
The legislation originated from claims filed by GSW Arena LLC against the City for tax refunds, prompting a settlement recommendation from the Office of the Treasurer and Tax Collector.
GSW Arena LLC filed claims against the City and County of San Francisco for a refund of gross receipts, homelessness gross receipts, and commercial rents taxes.
An additional claim was filed by GSW Arena LLC against the City regarding the same tax refunds.
The Office of the Treasurer and Tax Collector recommended settling the claims for a total payment of $281,289.76.
The Government Audit and Oversight Committee reviewed the settlement and recommended it for approval.
The Board of Supervisors adopted the resolution to approve the settlement of the claims.
The Mayor approved the resolution, finalizing the settlement process.
Reconstructed from attached documents & the official record
