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Panel advances Yerba Buena Gardens Conservancy with amended governance and capital-planning direction
Summary
The committee advanced a resolution creating the Yerba Buena Gardens Conservancy with sponsor amendments on board composition and a request that the San Francisco Real Estate Division validate a staff estimate of roughly $50 million in capital needs over 30 years; amendments were accepted and the item was sent to the full Board.
The Government Audit & Oversight Committee on Oct. 20 advanced a resolution creating a new public-benefit nonprofit, the Yerba Buena Gardens Conservancy, to assume long-term operating and management responsibility for Yerba Buena Gardens, with sponsor amendments addressing governance and capital planning.
April Veneracion Ng, representing Supervisor Kim’s office, said sponsor amendments respond to committee feedback and a recent report (Harvey Rose) by calling for a community facilities plan, specifying…
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