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Committee reviews management agreement for San Francisco Tourism Improvement District; chair moves item with recommendation

Government Audit and Oversight Committee, San Francisco County · July 23, 2009
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Summary

The Government Audit and Oversight Committee heard a resolution to approve a management agreement transferring hotel assessment receipts to the Tourism Improvement Districtmanagement corporation; Treasurer's office reported first-quarter receipts of about $3,000,000 and requested a minor amendment to refund interest. Committee moved the item with recommendation; a final vote was deferred.

The Government Audit and Oversight Committee heard a resolution to approve a management agreement between the City and County of San Francisco and the nonprofit owners association that will manage the San Francisco Tourism Improvement District. Chair Ross Mercurimi opened the item and asked staff to present the agreement.

Pauline Marks of the Treasurer and Tax Collector—s Office told the committee the city has begun collecting the district assessments and that "a little more than $3,000,000 came in for the first quarter." She described the…

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