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Committee advances first Transbay CFD bond issuance; $138M planned for Transbay Transit Center
Summary
The committee recommended authorizing two series of special tax bonds for the Transbay Community Facility District (aggregate up to ~$208 million); the controller's office said $171M of proceeds would be available to the project, with about $138M earmarked for the Transbay Transit Center and the remainder for streetscape improvements.
The Budget & Finance Committee forwarded a package of items authorizing issuance of special tax bonds for the City & County of San Francisco Community Facility District 2014‑1 to support the Transbay Transit Center project and related infrastructure.
Nadia Cisse…
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