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Board approves Treasure Island financing and service agreements; supervisors cite aging utility infrastructure
Summary
Supervisors approved a package authorizing certificates of participation and appropriations to finance utility infrastructure work at Treasure Island, and ratified agreements to continue utility service while development proceeds. Supervisor Jane Kim described decades-old Navy-built systems that have caused frequent outages.
The Board of Supervisors approved a set of measures relating to utility infrastructure and service on Treasure Island and Yerba Buena Island, including authorization for certificates of participation and related agreements.
Supervisor Jane Kim, speaking before the board took up items tied to Treasure Island, said the island’s utility systems — built by the U.S. Navy early in the 20th century — have exceeded typical useful life. "On Treasure Island, equipment is 60 to 80 years old," she told colleagues, and cited frequent outages: "Last year alone in 02/2012, there were 39 electrical outages. That is almost, once, that's a little over once every other week."
Items 17 through 20 on the agenda comprised a package of resolutions and ordinances: a resolution authorizing the execution and delivery of certificates of participation; an ordinance appropriating up to $13,500,000 of proceeds from certificates of participation to finance additions and improvements to utility infrastructure on Treasure Island; a resolution to retroactively authorize a modification of the cooperative agreement between the Treasure Island Development Authority (TIDA) and the U.S. Navy extending their agreement; and a resolution authorizing a memorandum of understanding between TIDA and the San Francisco Public Utilities Commission (SFPUC) for provision of utility services on Treasure Island and Yerba Buena Island.
Kim said the $13.5 million (item 18) would be used to address "the most vulnerable components of our utility system," including repairs needed while the city and developers plan for new infrastructure tied to future development. She thanked TIDA and SFPUC staff, and singled out SFPUC director Bob Beck for recent work to address power outages.
The board adopted the resolutions and passed the ordinance on its first reading without objection; the clerk recorded the items as adopted or passed.
Why it matters: Treasure Island’s aging utilities have been a recurring issue for residents and city agencies. The financing authorization and the TIDA–SFPUC memorandum aim to allow immediate repairs and continued service while longer-term redevelopment and utility replacement plans proceed.
Votes at a glance: Supervisors took the package under the same-house/same-call process and adopted the resolutions and ordinance on the record without objection; the $13,500,000 authorization was described in the ordinance text.
