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Committee moves $400 million earthquake safety bond to full Board after debate on disclosure
Summary
The Budget & Finance Committee voted to forward a $400 million Earthquake Safety and Emergency Response (ESIR 2014) general obligation bond to the full Board, after staff, public-safety chiefs and analysts described project priorities and debated how to disclose prior and anticipated future bonds to voters.
The San Francisco Board of Supervisors Budget & Finance Committee voted to send a $400 million Earthquake Safety and Emergency Response general obligation bond measure to the full Board with a commitment to include additional disclosure in the proponent’s materials.
President David Chiu, a co-sponsor of the measure, told the committee the bond would finance seismic retrofitting and other upgrades to critical public-safety facilities, including neighborhood fire stations, police stations, the Emergency Firefighting Water System (AWSS), a new medical examiner facility and relocations for the crime lab and motorcycle unit.
Brian Strong, director of the Capital Planning Program,…
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