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Board adopts multiple items including America's Cup MOU and housing reallocation; $15.5M bond reappropriation passes first reading
Summary
The San Francisco Board of Supervisors approved a package of consent items and several notable measures on Tuesday, including an MOU on America's Cup reimbursements, reallocation of $15.5 million of bond proceeds to a below‑market seismic safety loan program and a first‑reading ordinance authorizing that reappropriation.
The San Francisco Board of Supervisors adopted a series of consent and calendar items on Tuesday, approving multiple resolutions and ordinances by unanimous or near‑unanimous vote.
Key actions included adoption of a memorandum of understanding between the Controller's Office and the Port Commission concerning financial reimbursements for America's Cup activities, and a resolution designating agencies eligible to participate in city pension/benefit programs for officers and employees. The board also moved forward on housing finance: an ordinance to deappropriate approximately $15,500,000 of market-rate general obligation bond proceeds and reappropriate the amount to the Mayor's Office of Housing's below-market-rate seismic safety loan program passed on first reading.
Several routine…
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