Capital Planning Committee
AGENDA FOR MEETING
November 13, 2023
11:00 AM – 12:00 PM
City Hall, Room 305
This meeting is an in-person meeting.
If you are unable to attend, please follow the instructions below.
****Please click the Teams link and follow the prompts****
This meeting can also be accessed by phone.
To attend the meeting, please visit: Teams link
or https://onesanfrancisco.org/committee/meetings and select the agenda for today’s meeting. You can also Dial-in # (415) 906-4659 then enter meeting code: 252 525 330.
Public Comment
Public Comment will be taken in-person, either before or during the Committee’s consideration of each agenda item. Speakers may address the Committee for up to two minutes. During General Public Comment, members of the public may address the Committee on matters that are within the Committee’s jurisdiction and are not on today’s agenda.
People who have received an accommodation due to a disability may provide their public comments remotely.
In addition to in-person public comment, the Capital Planning Committee will set aside up to 20 minutes for each item for members of the public who wish to appear remotely, taking calls in the order that users add themselves to the queue. Because of the twenty (20) minute time limit, it is possible that not every person in the queue will have an opportunity to participate in the meeting remotely.
It is possible that the Committee may experience technical challenges that interfere with the ability of members of the public to participate in the meeting remotely. If that happens, the Committee will attempt to correct the problem but may continue with the hearing as long as people attending in-person are able to observe and offer public comment.
Agenda Items
1) CALL TO ORDER
2) INTRODUCTIONS AND AGENDA REVIEW
3) GENERAL PUBLIC COMMENT
Public comment on matters within the Committee's jurisdiction that are not on the current agenda.
4) APPROVAL OF THE RESOLUTION AUTHORIZING THE ISSUANCE OF IMPROVEMENT AREA NO.2 OF THE CITY AND COUNTY OF SAN FRANCISCO COMMUNITY FACILITIES DISTRICT NO. 2016-1 (TREASURE ISLAND) SPECIAL TAX BONDS NOT TO EXCEED $17,000,000 Action Item
Staff from the Treasure Island Development Authority (TIDA) and the Office of Public Finance will present the resolution which authorizes the issuance of special tax bonds for Improvement Area No. 2 of the Community Facilities District No. 2016-1 (Treasure Island) in an aggregate amount not to exceed $17,000,000. Proceeds of the Bonds will finance or reimburse 1) acquisition and construction of public facilities and improvements, 2) a deposit to the debt service reserve fund, and 3) costs of issuance.
5) APPROVAL OF THE RESOLUTION AUTHORIZING THE ISSUANCE OF THE CITY AND COUNTY OF SAN FRANCISCO INFRASTRUCTURE AND REVITALIZATION FINANCING DISTRICT NO. 1 (TREASURE ISLAND) TAX INCREMENT REVENUE BONDS NOT TO EXCEED $10,000,000
APPROVAL OF THE SUPPLEMENTAL APPROPRIATION ORDINANCE APPROPRIATING $1,540,000 IN TAX INCREMENT REVENUE BOND PROCEEDS IN TREASURE ISLAND INFRASTRUCTURE AND REVITALIZATION FINANCING DISTRICT– FY2023-24 Action Item
Staff from the Treasure Island Development Authority (TIDA) and the Office of Public Finance will present the Treasure Island Infrastructure and Revitalization Financing District (IRFD) No. 1 Resolution, which authorizes the issuance of Tax Increment Revenue Bonds, expected to be sold in two series: Series 2023A (Facilities Increment) and Series 2023B (Housing Increment). The accompanying supplemental appropriation ordinance allows for the appropriation of $1,540,000 of Treasure Island IRFD bond proceeds, which represents the portion of the financing proceeds that are projected to go to the Mayor’s Office of Housing and Community Development (“MOHCD”) to fund the “TI Parcel IC4.3 Project,” the proposed 150-unit affordable housing development to be located on Treasure Island.
6) FY24 & FY25 CAPITAL BUDGET MAPPING Discussion Item
Staff from the Office of Resilience and Capital Planning will present interactive visualizations of the FY24 & FY25 Capital Budget - including a new Capital Budget map.
7) NEXT MEETING SCHEDULE & POTENTIAL AGENDA ITEMS
Proposed date, location & time: December 11, 2023
Proposed agenda items: CleanPowerSF Grid Presentation
If any materials related to an item on this agenda have been distributed to the Capital Planning Committee after distribution of the agenda packet, those materials are available for public inspection at City Hall Room 347 during normal office hours. Materials can also be found online at: http://onesanfrancisco.org/committee/meetings.
