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Board advances $400,000 appropriation from Little Hollywood property exchange for park planning
Summary
The board approved on first reading a $400,000 appropriation from revenue generated by a property exchange to fund open-space planning and predevelopment in the Showplace Square/Little Hollywood area, after debate about surplus-property rules and whether proceeds should go to the affordable-housing fund.
The Board of Supervisors on March 9 approved the first reading of an ordinance appropriating $400,000 in revenues from a Little Hollywood property exchange to fund park and open-space planning in city departments, including City Planning, Recreation and Parks, and Public Works.
Supervisor Maxwell, sponsor of the appropriation, said the exchange corrects an ownership gap to make Little Hollywood Park whole and that the proceeds are intended for predevelopment and design of priority…
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