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Committee approves release of $10 million in reserve funds to Port for waterfront economic recovery
Summary
The committee voted to release $10 million in reserve Harbor funds to the Port of San Francisco for an economic-recovery project focused on Fisherman's Wharf and the Southern Waterfront; the Port described the request as part of a $64.4 million package of investments and will track outcomes with twice-yearly reporting to the commission.
The Budget and Finance Committee on March 13 voted to release $10,000,000 from the committee’s reserve to the Port of San Francisco to fund an economic-recovery project concentrated on Fisherman’s Wharf and the Southern Waterfront.
Megan Wallace, the Port’s economic recovery manager, said the $10 million is part of a broader $64.4 million recovery package that includes…
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