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Committee backs transfer of Francisco Reservoir to Rec & Park, citing strong local fundraising
Summary
The committee recommended sending to the full Board a resolution approving jurisdictional transfer of the decommissioned Francisco Reservoir to Rec & Park, noting $9M+ in private pledges for development and a 12-year payment plan to the PUC for a $9.9 million purchase price.
The Budget and Finance Committee on July 16 voted to send to the full Board a jurisdictional-transfer resolution approving the transfer of Francisco Reservoir and surrounding land from the San Francisco Public Utilities Commission to the Recreation and Park Department.
Supervisor Mark Farrell described a multi-year effort involving neighborhood groups, the PUC and Rec & Park to convert the dormant reservoir into a roughly 4.5-acre park with citywide access. Stacy Bradley, a Rec & Park planner, said the department…
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