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Committee advances Mission Bay hiring grant, 280 Beale bond application and Pacific Primary refinancing
Summary
On consent the committee moved forward: (1) OEWD acceptance of a $500,000 Mission Bay First Source hiring program installment to fund two employment liaisons and one compliance officer; (2) city authorization to seek up to $17 million in mortgage revenue bonds for a 70-unit Mercy Housing project at 280 Beale; and (3) tax-exempt obligations to refinance Pacific Primary school facilities.
The Budget and Finance Committee moved several staff items forward without recorded opposition on Nov. 20.
Office of Economic and Workforce Development staff reported receipt of a $500,000 installment tied to Mission Bay development thresholds to fund workforce positions and compliance work for the Mission Bay South First Source hiring program. The OEWD representative said the…
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