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Supervisors forward purchase option to hold Bayview site for new fire training facility
Summary
The Budget & Finance Committee approved a 12-month purchase option on 4.9 acres at 1236 Carroll Avenue to assemble with Port property for a new 7.5-acre Bayview fire training facility, endorsing a lower-risk $15,000-per-month option (up to $180,000) while negotiations continue over a ~$38.5M purchase price and Port terms.
The Budget & Finance Committee on May 19 approved a purchase-option agreement that would let the city hold 4.9 acres at 1236 Carroll Avenue off the market while it seeks to assemble adjacent Port property for a new fire training facility in the Bayview.
Director Draco Penick of the Department of Real Estate told the committee the option locks a purchase price of $38,500,000 for up to 12 months and requires monthly option payments of $15,000 that are not credited toward the purchase; the option payment cap is $180,000. The site would be combined with approximately 2.6 acres owned by the Port of San Francisco to create a roughly…
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