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Board adopts multiple ordinances, grants and leases including Port refunding COPs and $21.5M rapid rehousing amendment
Summary
The San Francisco Board of Supervisors on Jan. 28 approved a package of ordinances, grants and lease actions that included Port refunding certificates of participation, a $11.5 million increase to a rapid rehousing agreement, and multiple multiyear youth services contracts.
The San Francisco Board of Supervisors on Jan. 28 approved a broad package of ordinances, resolutions, grants and lease actions across the city budget and operations, adopting most items on the consent calendar and taking up several finance, housing and administrative measures.
Among the measures approved without extended debate were financing actions for the Port of San Francisco, a $11.5 million increase to a rapid rehousing agreement, multiyear agreements for youth services, and several leases and licenses for city programs and partners.
Key items adopted or passed on first reading included:
- Port certificate of participation refunding (items 10 and 11): The Board approved ordinances authorizing refunding certificates of participation for Port capital improvements and related documents; the staff summary described proposed refunding COPs with an aggregate principal amount cited as $25,000,000 and related appropriations and deappropriations in port funds pending sale and receipt of proceeds in fiscal year 2024–2025. The ordinances were passed on first reading.
- Episcopal Community Services grant amendment (item…
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