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Committee reaffirms Exploratorium fiscal feasibility for Pier 15 move and adds Pier 17 to term sheet
Summary
The committee endorsed a resolution reaffirming the fiscal feasibility of the Exploratorium relocation to Pier 15, added Pier 17 to the term sheet to enable future expansion and forwarded the resolution to the full Board with a recommendation for a hearing.
The Government Audit and Oversight Committee reviewed and reaffirmed the Port’s fiscal feasibility analysis for the Exploratorium’s proposed relocation to Pier 15 and the amended and restated term sheet that includes Pier 17.
Byron Rhett, deputy director for planning and development with the Port, and Jennifer Sobel, a senior project manager on the project, told the committee the rehabilitation would preserve historic piers 15 and 17,…
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