Summary
Budget and Finance Committee — Meeting Minutes (Feb 11, 2026)
San FranciscoFeb 11, 20263 min read
At a glance
Quick context to catch up fast.
Committee met Feb 11, 2026 (10:01–11:08 AM); three members present; multiple lease, appropriation, contract, grant, easement, and financing items were considered—several were recommended or continued, and one ordinance was amended and recommended as amended.
Topics discussed
Compact mobile food operation ordinancePortsmouth Square Garage parking appropriationCommercial paper certificates of participation financingParatransit contract amendment (Transdev)Lower Alemany stormwater easementsTwo-year budget cycle adoptionChoo Laguna lease amendmentVitalant blood products contractTECH Clean California grant111 Pine Street lease (SFERS)Port dry dock appropriation
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Key decisions
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- 250967 (Compact mobile food operation ordinance): Continued to the Budget and Finance Committee meeting of February 25, 2026. Vote: Ayes 3 (Chan, Dorsey, Sauter).
- 260017 (Real Property Lease — Double Wood Investment, Inc., 111 Pine Street): Continued to the Budget and Finance Committee meeting of February 25, 2026. Vote: Ayes 3 (Chan, Dorsey, Sauter).
- 260078 (Lease Amendment — Choo Laguna LLC, 258-A Laguna Honda Boulevard): Resolution RECOMMENDED. Vote: Ayes 3 (Chan, Dorsey, Sauter).
- 251184 (Adopt fixed two-year budgetary cycle for Airport, Port, PUC): Resolution RECOMMENDED. Vote: Ayes 2 (Dorsey, Sauter); Absent: 1 (Chan).
- 260085 (Appropriation — General Reserve to SFMTA $311,269 for Portsmouth Square Garage parking and transit fares): Ordinance AMENDED (operative dates changed to Feb 8–Mar 8, 2026) and RECOMMENDED AS AMENDED. Final motion carried Ayes 3 (Chan, Dorsey, Sauter).
- 260089 (Contract Amendment — Transdev Services, Inc., paratransit services, increase to $339,102,572): Resolution RECOMMENDED. Vote: Ayes 3 (Chan, Dorsey, Sauter).
- 251248 (Appropriation — Port Harbor Fund $18,500,000 for dry dock stabilization/removal): Ordinance RECOMMENDED. Vote: Ayes 3 (Chan, Dorsey, Sauter).
- 260074 (Master Lease Amendment No. 50 — Treasure Island / U.S. Navy term extension): Resolution RECOMMENDED. Vote: Ayes 3 (Chan, Dorsey, Sauter).
- 260075 (Contract Amendment — Vitalant, blood and blood products, increase to $28,249,000): Resolution RECOMMENDED. Vote: Ayes 3 (Chan, Dorsey, Sauter).
- 260086 (Accept and Expend Grant — TECH Clean California Quick Start Scaling Grant $299,091): Resolution RECOMMENDED. Vote: Ayes 3 (Chan, Dorsey, Sauter).
- 260013, 260014, 260015 (Real property easement acquisitions — Lower Alemany stormwater improvements): Resolutions RECOMMENDED for each. Vote: Ayes 3 (Chan, Dorsey, Sauter) on each file.
- 260090 and 260091 (Re-authorize lease revenue commercial paper certificates of participation — Series 1–4; aggregate up to $250M across files): Resolutions RECOMMENDED. Vote recorded: Ayes 2 (Dorsey, Sauter); Excused: 1 (Chan).
- Attendance/Procedure: Chair Connie Chan was excused from attendance for part of the meeting; Vice Chair Dorsey presided during her absence. Meeting adjourned at 11:08 AM.
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