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Committee forwards $45 million COPs appropriation and TID-linked plan for Moscone improvements
Government Audit and Oversight Committee · December 8, 2008
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Summary
Committee forwarded ordinances and supporting documents to issue certificates of participation to finance Moscone Center improvements tied to a Tourism Improvement District and recommended a full Board hearing on Dec. 16, pending the TID plebiscite.
The committee considered two related items to finance capital improvements at the Moscone Convention Center through a combination of a hotel-led Tourism Improvement District (TID) and city-issued certificates of participation (COPs).
Jennifer Mats of the Office of Economic and Workforce Development explained that for the next six…
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