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Rules Committee recommends Pier 70 charter amendment to full Board after port presentation
Summary
The Committee voted to recommend a charter amendment giving the Port additional tools (including a tax‑increment–style financing option using payroll/hotel tax growth) to fund Pier 70 remediation, historic rehabilitation, and waterfront open space, after a Port presentation describing costs and phasing.
The Rules Committee moved a Pier 70 charter amendment to the full Board with recommendation after a presentation from Port staff on the site's history, contamination, and financing needs.
Port staff described Pier 70 as a 65-acre central waterfront site with dozens of historic structures eligible for the National Register, active ship-repair uses and substantial environmental contamination and seismic retrofit needs. Staff said traditional port revenues, grants and tax credits will not be sufficient to remediate, retrofit and open the site to public…
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