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Committee forwards Potrero patrol‑yard PDA extension, raises potential termination payment to $15.5M

Budget and Finance Committee · October 9, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The committee recommended that the full board approve a second amendment to the Potrero predevelopment agreement extending the PDA to July 30, 2025, and increasing the potential termination payment to $15.5 million; SFMTA said the project still envisions a four‑level electric trolley bus yard plus joint‑development housing.

The Budget and Finance Committee on Oct. 9 endorsed forwarding an amendment that would extend the Potrero Patrol Yard predevelopment agreement and increase the city’s maximum potential termination payment if the project is canceled.

Chris Lazaro, SFMTA project director for the patrol‑yard modernization project, described the preferred…

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