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Committee approves forwarding acceptance of Yerba Buena Gardens assets to full Board

San Francisco Board of Supervisors Land Use Committee · May 14, 2018

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Summary

The committee heard a presentation from the city's Director of Real Estate on accepting title, leases and funds from OCII for three blocks comprising Yerba Buena Gardens and forwarded the resolution to the full Board with a positive recommendation; a master lease to the Yerba Buena Gardens Conservancy is being negotiated.

John Updike, the city's director of real estate, presented a resolution seeking authority for the city to accept OCII's deed interests, assume leases and agreements, and accept funds into a separate city account consistent with controller direction for the three Yerba Buena…

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