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Supervisors pause reprogramming of Muni Substation funds pending mayoral term sheet; Fillmore restaurants urge quick aid

San Francisco Board of Supervisors Budget and Finance Committee · February 11, 2009
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Summary

A committee considered reprogramming roughly $3.3 million from the Muni Substation project to support Fillmore Jazz district loans and small‑business stabilization; supervisors agreed to continue the item one week so redevelopment and the mayor—s office can finalize a term sheet and the budget analyst can review terms.

Supervisor Ross Mercarimi opened discussion of a redevelopment‑fund reprogramming proposal intended to direct remaining Muni Substation project funds to stabilization programs for the Fillmore Jazz Preservation District and other Western Addition initiatives.

The resolution as introduced would reprogram approximately $3.301 million from the Muni Substation project into a package that includes tenant improvement loans, a Fillmore Jazz marketing/promotions program and a Western Addition property‑management line. Harvey Rose, the budget analyst, told the committee the agency has proposed corrected reprogramming amounts and recommended that the board require annual reporting on the repayment status of four Fillmore business loans.

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