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Committee approves funding swap to pay for Rossi Pool and Golden Gate Park golf clubhouse
Summary
The committee agreed to a funding swap moving $4 million from open-space funds to a Golden Gate Park Golf Course clubhouse project while backfilling Rossi Pool with $4 million of lease revenue bond savings from refunded 2006–2007 bonds; BLA recommended approval and the item was forwarded to the full Board.
The Budget & Finance Committee voted to forward to the full Board a plan to use lease revenue bond savings and open-space funds to finance the Rossi Pool project and to fully fund the Golden Gate Park Golf Course clubhouse.
Derek Chu, director of administration and finance for the Recreation and Parks Department, told the committee the…
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