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Board approves amended PGA agreement requiring city cost reimbursement up to $1 million per tournament
Summary
The San Francisco Board of Supervisors approved an amendment to the master tournament agreement with the PGA Tour for events at Harding Park that guarantees the city reimbursement for direct costs up to $1 million per tournament; the First Tee program and private philanthropies remain involved in covering remaining costs.
Supervisor Ellsburn brought the ordinance amendment to the board and said the change ensures the city is reimbursed for direct costs tied to PGA tournaments at Harding Park. "The amendment in front of you now specifies that the city will receive full compensation for any direct cost it incurs for the tournament up to a million dollars," Supervisor Ellsburn said.
The amendment, described by Ellsburn as negotiated with the PGA and with First Tee, alters the previous arrangement that had contemplated $500,000 to the city and $500,000 to First Tee per event. Under the amendment, direct costs to the city would be compensated first up to $1 million; any remainder would go to First Tee, with philanthropic donors offering to…
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