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Committee advances Lower Polk Community Benefit District; petitions show majority weighted support
Summary
The committee heard OEWD and steering committee presentations on a proposed Lower Polk Community Benefit District covering 22 blocks, an annual assessment budget of about $799,000 and a $2.77 million capital contribution from CPMC; ballots were scheduled for June and the matter was forwarded to the full Board.
Supervisor Chu (President) introduced a resolution of intention to establish a Lower Polk Community Benefit District (CBD) covering roughly 22 blocks bounded by California, Van Ness, Larkin and Geary. OEWD staff reported 307 parcels in the proposed district and certified weighted petition support of 35.58% (above the 30% initiation threshold). The…
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