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Budget committee sends Twin Peaks Petroleum lease to full board after climate, housing debate
Summary
After extensive public comment urging affordable housing and citing the city's climate commitments, the Budget & Finance Committee voted 3-0 to send a proposed 25-year lease for Twin Peaks Petroleum at 598 Petrola Drive to the full Board of Supervisors without a committee recommendation.
The Budget & Finance Committee on Sept. 30 voted to forward to the full Board of Supervisors a resolution authorizing a lease at 598 Petrola Drive with Twin Peaks Petroleum Inc. for an initial 25‑year term at a base rent of $200,000 per year, annual adjustments of 3%, and a one 5‑year option to extend.
The committee sent the item to the full board without a recommendation after a heated public‑comment period that ran more than an hour. Chair Sandra Lee Feuer said she wanted the full board to have a broader discussion about the site, including questions about whether it could support affordable housing.
Why it matters: The site is public land in a transit‑served area that commenters and several supervisors said could be used for affordable or social housing.…
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