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Votes at a glance: Jan. 14 Budget & Finance Committee actions
Summary
The committee advanced multiple items to the full Board on Jan. 14: an 87‑year $1/year nonprofit lease at 167 Jesse St., the FY14‑15 GANN appropriations limit report, a $1.2 million Subway lease buyout at SFO, continuance of two airport lease amendments, and a $200,000 appropriation for portable restrooms; several items were moved without objection.
The San Francisco Budget & Finance Committee took the following formal actions on Jan. 14 and advanced items to the Board of Supervisors or continued them to a later date.
167 Jesse Street lease (Item 1): Committee considered a resolution authorizing an 87‑year lease at 167 Jesse Street with Third & Mission Associates for a base rent of $1 per year to preserve space set aside for a nonprofit user. City real estate staff said the space is roughly 4,000 square feet, is a rough concrete/stud shell that would require an estimated $500,000 in tenant improvements, and would carry about $65,000 per year in occupancy costs. Public comment was none; the committee moved the item…
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