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Subcommittee extends Treasure Island leases and cooperative agreement, cites delayed Navy transfer

Budget and Finance Subcommittee · July 14, 2010
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Summary

Members advanced amendments extending several Treasure Island master leases and recommended a one‑year extension of the cooperative agreement with the U.S. Navy while transfer negotiations continue; staff said a full transfer is anticipated within 12–18 months.

The subcommittee considered resolutions (Items 8–13) to extend multiple Treasure Island master leases and to modify the cooperative agreement with the U.S. Navy to extend the city’s responsibilities for island operations through Sept. 30 of next year.

Miriam Saez, Director of Island Operations for Treasure Island, told the panel that the Treasure Island…

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