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Committee approves recommendation to transfer Civic Center assessments to nonprofit manager
Summary
The committee recommended a resolution allowing the City and County of San Francisco to transfer assessments collected for the Civic Center Community Benefit District to a nonprofit management corporation; staff said the district would last 10 years and the interim board reported incorporation and 501(c)(3) status.
The Rules Committee recommended approval of a management agreement that would allow the City and County of San Francisco to transfer special-assessment revenue for the Civic Center Community Benefit District to a nonprofit management corporation.
Lisa Pagan of the Office of Economic and Workforce Development presented the resolution, explaining that the agreement would…
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