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Committee approves multiple Treasure Island lease extensions, budget housekeeping and bond remarketing
Summary
The committee approved one‑year extensions for several Treasure Island master leases with the U.S. Navy, adopted technical overtime budget ordinances for the Public Utilities Commission, and approved remarketing agreements for lease revenue refunding bonds connected to the Moscone Center expansion.
The Budget & Finance Committee handled a series of procedural and budget items in addition to major agenda topics.
Treasure Island: Peter Somerville of the Treasure Island Development Authority asked the committee to extend several master leases between the Authority and the United States Navy (childcare, event venue, firefighting training center, land & structures, marina,…
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