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Committee backs 3‑year extension to property‑exchange deal tied to planned Fire Station 13

San Francisco Board of Supervisors Budget and Finance Committee · March 6, 2024
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Summary

The Budget and Finance Committee voted to forward to the full Board a resolution to retroactively approve a second amendment extending the closing date on a conditional property exchange with EQX Jackson Sq LLC to Dec. 15, 2026, citing market financing challenges; the Fire Department supports the plan.

Supervisor Connie Chan, chair of the Budget and Finance Committee, moved March 6 to forward to the full Board a resolution retroactively approving a second amendment to the conditional property exchange agreement (CPEA) with EQX Jackson Sq LLC to extend the anticipated closing date to Dec. 15, 2026.

Enrico Pennock, identified on the record as Director of Real…

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