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Port commission approves first sale of 2012 parks general obligation bond, allocates $17 million to Pier 27 plaza
Summary
The commission approved the first issuance of the 2012 Clean and Safe Neighborhood Parks general obligation bond. Staff proposed and the commission authorized a first sale of $18.2 million, including $17 million for the Northeast Wharf Plaza at Pier 27 and $600,000 each for Pier 70 parks and Islas Creek design.
The Port Commission voted to approve the first sale and supplemental appropriation under the 2012 Clean and Safe Neighborhood Parks general obligation bond on March 26, directing the lion's share of the first issuance to the Northeast Wharf Plaza at Pier 27.
"This general obligation bond measure of $195,000,000 includes, dollars 34,500,000 for port projects,…
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