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Supervisors approve InterContinental—s in-lieu fee and accept $300,000 gift for Victoria Manalo Draves Park
Summary
The committee approved an amended ordinance allowing the InterContinental Hotel to pay an in-lieu fee instead of providing an on-site POPOS, increasing the fee to $2.6 million (includes a $100,000 maintenance add-on) and accepting a separate $300,000 gift for park activation and lighting at Victoria Manalo Draves Park.
Supervisor Jane Kim told the Land Use & Transportation Committee on March 20 that after three years of negotiation the InterContinental Hotel and city staff had agreed on an in-lieu payment to address an on-site privately owned public open space (POPOS) that the hotel had been using for private events rather than as a publicly accessible space.
The committee approved language that authorizes an in-lieu fee of $2,600,000 (revised from a prior staff figure of $2,500,000) to cover capital improvements, and an additional $100,000 was added to cover estimated maintenance for lighting over an anticipated 35-year period. Separately, the InterContinental has agreed to provide a $300,000 gift to the San Francisco Parks Alliance to fund activation and…
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