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Budget Committee advances Pier 70 development agreements with non‑substantive amendments

San Francisco Board of Supervisors Budget and Finance Committee · October 26, 2017
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Summary

Supervisors forwarded amendments clarifying sponsor entities, correcting administrative‑code cross‑references, and waiving specific subdivision‑code liquidated damages provisions in favor of DDA securities for the Pier 70 (Seawall Lot 349) agreements.

SAN FRANCISCO — The Budget and Finance Committee voted Thursday to forward development agreements for Pier 70 to the full Board after staff introduced amendments intended to clarify contract parties, correct administrative‑code references and replace certain subdivision‑code liquidated‑damages provisions with security measures in the DDA.

The clerk read Items 2–4 covering a development…

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