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San Francisco Board of Supervisors Budget and Finance Committee · February 15, 2012

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Opening and housekeeping

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Chair Carmen Chu opened the Budget & Finance Committee meeting, introduced Vice Chair Supervisor Avalos and Supervisor Kim, and asked Clerk Victor Young for announcements; clerk reminded speakers to silence devices and submit materials and noted items acted on will appear on the 02/28/2012 Board of Supervisors agenda.

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The San Francisco Board of Supervisors Budget & Finance Committee reviewed a package of grant acceptances, leases and appropriations, and held an extended debate over the proposed America's Cup development and financing agreements. Committee members asked for stronger financial safeguards, clearer fundraising guarantees, and local-hire and arts commitments before approving the Port-related Development and Disposition Agreement.

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Transcript

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