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Castro/Upper Market CBD Reports Performance, Supervisors Praise Local Programs
Summary
The committee reviewed the Castro/Upper Market Community Benefit District’s 2013–14 annual report. OEWD said Castro exceeded its non‑assessment revenue goals and maintains substantial reserves; the committee forwarded the report to the full board with a positive recommendation.
The Government and Oversight Committee on Jan. 21 reviewed the Castro/Upper Market Community Benefit District’s annual report for fiscal year 2013–14 and voted to forward the item to the full Board of Supervisors with a positive recommendation.
OEWD staff reported that the Castro Upper Market CBD assesses about 279 parcels (Market & Octavia to Castro & 19th) and generates roughly $413,500 in assessment revenue per the management plan; the district’s management plan is scheduled to expire on June…
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