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Committee backs 10‑year extension for Moscone management contract with SMG, citing higher city revenue share

San Francisco Board of Supervisors Budget and Finance Committee · September 28, 2016
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Summary

The committee recommended forwarding a resolution to extend SMG's Moscone Center management agreement through 2027 after staff described increased revenue shares for food, beverage and internet services and a $15 million capital contribution for the convention center expansion.

The Budget & Finance Committee voted to forward to the full Board a resolution authorizing a seventh amendment to the Moscone Convention Center management agreement with SMG that would extend the term through June 30, 2027. Ken Bukowski, deputy city administrator, said primary negotiated changes include an increased city revenue share on food and beverage and internet services—phased…

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