The San Francisco County government meeting on July 4, 2025, focused on two significant resolutions regarding the issuance of bonds to support infrastructure and development projects on Treasure Island. The meeting featured presentations from the Treasure Island Development Authority and the Comptroller's Office of Public Finance.

The first resolution authorizes the issuance and sale of special tax bonds for the Community Facilities District, with a maximum amount set at $17 million. This funding aims to enhance community infrastructure and support ongoing development efforts on Treasure Island. The second resolution pertains to the Infrastructure Revitalization and Financing District, allowing for the issuance of tax increment revenue bonds not exceeding $10 million. These bonds are crucial for financing infrastructure improvements in the area.

Jamie Corubin, the finance manager at the Treasure Island Development Authority, highlighted the importance of these bond issuances, noting that they will help maintain momentum in ongoing projects. The expectation is for these bonds to be priced and closed by the end of the calendar year, facilitating continued infrastructure work and housing development.

Additionally, Corubin provided an update on the progress of infrastructure development on Treasure Island, announcing the completion of critical utility and street infrastructure in Stage 1, as well as the opening of the first public park on Yerba Buena Island, known as the Rocks Dog Park.

Overall, these resolutions represent a significant step forward in the development of Treasure Island, ensuring that necessary funding is in place to support ongoing projects and enhance community facilities. The next steps will involve finalizing the bond issuances and continuing to monitor the progress of infrastructure improvements in the area.