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Committee forwards Flower Mart development ordinance establishing $20M legacy business fund
Summary
The Rules Committee approved technical amendments and voted to send to the full Board an ordinance tied to the Flower Mart development agreement that creates a $20 million Central SoMa Legacy Business and PDR Support Fund, a $2,158,000 Jackson Playground Park Fund, accepts land at 71 Boardman Place for affordable housing and requires a $919,000 cleanup payment.
The Rules Committee on Jan. 24 voted to forward an ordinance implementing trailing items from the Kilroy/Flower Mart development agreement to the full Board after adopting technical amendments.
Anne Topier of the Office of Economic and Workforce Development told the committee the legislation accomplishes four goals: create a Central SoMa Legacy…
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