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Budget panel pauses decision on proposed 10-year lease for retirement system offices at 1145 Market St.
Summary
The committee continued consideration of a proposed 10-year lease for the Employees' Retirement System at 1145 Market Street, citing ongoing negotiations to reduce cost and footprint; staff said a renegotiated lease and amended resolution will return to committee Feb. 26, 2014.
The San Francisco Board of Supervisors Budget and Finance Committee on Jan. 29 paused action on a proposed 10-year lease at 1145 Market Street that would house the Employees' Retirement System.
John Updike, director of real estate, told the committee staff were "continuing discussions with ownership" and working with the retirement system and the…
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