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Votes at a glance: OCII actions on Sept. 5, 2023

Commission on Community Investment and Infrastructure (OCII) · September 5, 2023
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Summary

Summary of formal actions at the Sept. 5 OCII meeting: approval of minutes, election of vice chair (Dr. Carolyn Scott), authorization of bond refunding documents for Mission Bay South CFD, and conditional approval of 185 Channel St. parking conversion; all votes were 3 ayes, 1 absent.

The Commission on Community Investment and Infrastructure on Sept. 5 recorded the following formal actions:

1) Item 5a — Approval of minutes (June 20 and Aug. 15): Motion to approve passed on roll-call (3 ayes, 1 absent).

2) Item 5b — Election of Vice Chair: Dr. Carolyn Scott was nominated in absentia; the commission voted to elect her as vice chair for the unexpired term, pending her acceptance (3 ayes, 1 absent).

3) Item 5c — Authorizing issuance of special tax refunding bonds for Community Facilities District No. 6 (Mission Bay South), Resolution 27-2023: The commission approved documents authorizing the refunding transaction and related agreements (3 ayes, 1 absent). Staff estimated approximately $17,000,000 in present-value savings and outlined next steps to the Oversight Board and Department of Finance.

4) Item 5d — Conditional authorization to convert 75 residential parking spaces and add 5 spaces at 185 Channel St. (Mission Bay South Block 2), Resolution 28-2023: The commission conditionally authorized the conversion, including 30 short-term commercial spaces, 30 valet spaces and 20 BMR residential parking spaces; approval included conditions on pricing controls, signage and annual compliance reporting (3 ayes, 1 absent).

5) Adjournment: Motion to adjourn passed and the meeting adjourned at 2:06 p.m.

Votes were recorded on roll call; Commissioner Scott was absent at this meeting.