Committee backs Transbay bond measures to refinance bridge loan and fund terminal work
The Government Audit & Oversight Committee recommended two Transbay bond resolutions — up to $90 million in CFD special tax bonds and up to $315 million in TJPA tax allocation bonds — to refinance a city bridge loan, refinance a TIFIA loan for estimated savings and fund project costs; the committee voted 3–0 to send both items to the full Board of Supervisors.
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The Government Audit & Oversight Committee on April 16 recommended that the Board of Supervisors approve two bond resolutions to support the Transbay Transit Center project.
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