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Supervisor Kim proposes $10M-a-year Mission Bay transportation fund for proposed Warriors arena; calls for re-evaluation of Treasure Island affordability after
Summary
Supervisor Kim introduced legislation to create a Mission Bay Transportation Improvement Fund to mitigate arena impacts and requested that Treasure Island authorities study new state law AB 2 to restore or increase affordable housing commitments.
Supervisor Kim introduced two substantive policy items at the Oct. 6 Board of Supervisors meeting.
First, he proposed establishing a Warriors Event Center Community Improvement Measures fund (Mission Bay Transportation Improvement Fund) that would set aside $10,000,000 annually from new tax revenue generated by the proposed privately financed Warriors arena in Mission Bay to pay event-related operating costs. Kim said the fund would support SFMTA, SFPD and Public Works operations for arena events, add parking control officers, and help fund Muni…
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