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Committee recommends annexing 75 Howard St. into Transbay community facilities district
Summary
The Government Audit & Oversight Committee voted to recommend to the full Board a resolution confirming annexation of 75 Howard Street into Transbay Community Facilities District (CFD 2014‑1), a district that helps finance the Transbay Transit Center and nearby capital improvements.
The Government Audit & Oversight Committee on March 1 recommended that the Board of Supervisors confirm annexation of 75 Howard Street into Transbay Community Facilities District (CFD 2014‑1).
Bridget Katz, development finance specialist in the Office of Public Finance, told the committee the CFD was formed in 2014 to allow new large developments in the district to help finance the Transbay Transit Center and related public infrastructure.…
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