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Rec and Park to operate Treasure Island parks under five‑year MOA funded by special district tax
Summary
Commission approved a five-year memorandum of agreement with the Treasure Island Development Authority for Rec and Park to operate and maintain Treasure Island and Yerba Buena Island parks, adding 15 funded positions and relying on a Community Facilities District special tax and developer subsidy for reimbursement.
The Recreation and Park Commission voted to approve a five‑year memorandum of agreement for Rec and Park to operate and maintain parks on Treasure Island and Yerba Buena Island, with an anticipated start date of July 1.
Antonio Guerra, the department’s director of administration and finance, said the plan is net‑neutral to the general fund because operations will be reimbursed through a Treasure Island Community Facilities District (CFD) special tax and a developer subsidy. The agreement covers a…
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