San Francisco Budget and Finance Committee forwards six items including $23M loan and $211.9M bond amendment

Chair Sandra Lee Feuer convened the San Francisco Budget and Finance Committee on March 18, 2020, and moved six agenda items forward for further Board or committee consideration. The measures included a tax‑exempt loan authorization for school financing, a long‑term shoreline ground lease, a Public Utilities Commission consulting contract, two state grant acceptances, and proposed amendments to a multifamily housing revenue bond agreement.

The meeting opened with procedural announcements from the clerk, who asked attendees to silence electronic devices and noted that items acted upon may appear on the March 24 Board of Supervisors agenda unless otherwise stated. The clerk read item 1 as "a resolution approving in accordance with section 147F of the Internal Revenue Code 1986 as amended the execution of a tax exempt loan or loans by the California Municipal Finance Authority in 1 or more series pursuant to a plan of financing and in an aggregate principal amount not to exceed 23,000,000." Chair Feuer said she had continued the item earlier pending more information from the school and thanked Lisey Franze and San Francisco for providing additional details. "I'd like to make a motion to move this to the board with…