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Board holds Transbay CFD hearing open for a week as developers and neighbors seek consensus
Summary
A public hearing on forming a Transbay community facilities district (Mello-Roos) was held and continued to Sept. 9 after developers and neighborhood representatives said further negotiations were needed about the district's tax rates and impacts on the downtown rail extension funding.
The Board of Supervisors convened a committee of the whole for a public hearing on the proposed Transbay Transit Community Facilities District (CFD) and related measures, then voted to continue the hearing to Sept. 9 to allow additional negotiations between developers, the city and neighborhood groups.
Supervisor Kim moved to continue the hearing one week; Supervisor Campos seconded. The motion to hold the hearing open was adopted without objection.
Speakers at the hearing included property owners and neighborhood advocates. Matt Field of TMG…
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