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Commission adopts ordinance allowing special taxes for Hunters Point Shipyard/Candlestick Point CFD No. 9
Summary
The commission adopted the second‑reading ordinance to levy special taxes in Community Facilities District No. 9 (Hunters Point Shipyard/Candlestick Point). Staff said taxes would fund public infrastructure and services, authorize bonding, and include a facilities tax (up to 75 years) and a perpetual services tax indexed to CPI or 5%.
The Commission on Community Investment and Infrastructure voted unanimously May 1 to adopt an ordinance (second reading) authorizing the levy of special taxes in Community Facilities District No. 9 for phase 2 of Hunters Point Shipyard and Candlestick Point.
Bree Mahorter, who identified herself in the meeting as the deputy director for finance and administration, told commissioners that the commission had previously set the CFD boundaries and approved the rate and method of apportionment. She said the ordinance before the…
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