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OCII holds first FY2016-17 budget workshop; staff outlines major projects and residents press contracting, bonding concerns
Summary
OCII held the first FY2016-17 budget workshop covering Hunters Point Shipyard, Candlestick Point, Mission Bay and Transbay; staff outlined housing, parks and bond-funded infrastructure plans and requested further direction on small-business contracting after public commenters and commissioners raised concerns about local firms being shut out of prime contracts and unpaid subcontractors.
OCII convened its first workshop on the fiscal year 2016-17 budget on April 5, with staff presenting programmatic budgets and work plans for Hunters Point Shipyard/Candlestick Point, Mission Bay and Transbay and outlining affordable-housing production, bond and grant sources, and near-term activities.
Deputy Director of Finance Bree (presentation lead) said this was the first of two budget workshops before the Commission will consider the full operating and debt-service budget in May; staff will then submit the final budget to the Mayor27s office and face a Board of Supervisors hearing on June 8. Project managers described a robust pipeline: Hunters Point/Candlestick anticipates roughly 12,000 housing units across program phases with about one-third affordable, Mission Bay has a multi-block office and housing pipeline including projects that will add hundreds of units this year, and Transbay continues land closings and…
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