Budget and Finance Committee meeting summary
At a glance
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The committee recommended approval of several major spending, property, and lease actions, including a $70.5 million increase to an early care workforce contract and affordable housing financing and lease deals.
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What this means
The committee moved forward a set of resolutions that would expand child care workforce funding, extend a sewer service agreement, and approve several property and housing transactions. It also backed the City’s purchase of land at 5000 Hunters Point Boulevard for $575,000 and a utility easement in John McLaren Park for $950,000. Other approvals included a new Port restaurant lease, changes to a Port management agreement, and acceptance of a $2.52 million in-kind consulting gift. These recommendations go to the full Board for further action before they can take effect.
Key decisions
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- Recommended approval of a second amendment increasing the Children’s Council of San Francisco early care workforce contract by $70,545,604, to a total not to exceed $234,891,608.
- Recommended retroactive approval of an extension to the sewer service agreement with the City of Brisbane and Guadalupe Valley Municipal Improvement District through the earlier of December 31, 2027, or a new long-term agreement.
- Recommended approval of the City’s purchase of property at 5000 Hunters Point Boulevard from Pacific Gas and Electric Company for $575,000, with the land placed under the Recreation and Parks Department.
- Recommended approval of an easement for Pacific Gas and Electric Company in John McLaren Park for $950,000.
- Recommended approval of a Port lease at 1300 Battery Street with total base rent of $1,498,012.50.
- Recommended approval of changes to the Pasha Automotive Services management agreement at Pier 80, including discontinuing the Port’s $50,000 monthly management fee and revising revenue-sharing terms.
- Recommended acceptance of a $2,520,000 in-kind gift of consulting services from FUSE Corp for the FUSE Fellows Program.
- Recommended approval of a loan agreement amendment for 1234 Great Highway LLC for a 100% affordable housing project, with a loan amount not to exceed $27,248,500.
- Recommended approval of a ground lease at 1939 Market Street for a 187-unit 100% affordable housing project with annual base rent of $15,000.
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Meeting information
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Budget and Finance Committee (7/15/2026 10:00 AM)
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