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Board authorizes sale of 909 Tennessee Street; final buyer and allocation of proceeds not specified
Summary
The Board approved a resolution to sell a surplus property at 909 Tennessee Street for no less than $1.3 million after a prior purchaser withdrew; the resolution does not appropriate the proceeds and staff said any appropriations will return later when the sale is finalized.
The San Francisco Board of Supervisors adopted a resolution approving the sale of an improved surplus property located at 909 Tennessee Street to the highest responsible cash bidder for a purchase price of not less than approximately $1,300,000.
During introductions, Supervisor John Avalos asked how any surplus proceeds would be programmed; staff explained the previous…
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