# Board of Supervisors Minutes: March 24, 2026 - Meeting date: 2026-03-24 - Document type: minutes - Pages in official PDF: 20 - [Canonical HTML transcript](https://sfbos.info/documents/1144/2026-03-24-minutes) - [Authoritative City PDF](https://sfbos.archive.sf.gov/sites/default/files/bag032426_minutes.pdf) > This text was extracted for search and accessibility. The linked City PDF is the authoritative public record. ## Structured legislative records ### File 260172: Real Property Lease Amendment - KLW Investments, LLC - 3119, 3125, and 3127 Mission Street - Annual Base Rent of $410,145 - Pages: 7-8 - Vote 1: adoption, likely final - Action: 260172 [Real Property Lease Amendment - KLW Investments, LLC - 3119, 3125, and 3127 Mission Street - Annual Base Rent of $410,145] Resolution approving and authorizing the Director of Property, on behalf of the City and County of San Francisco, to execute the second amendment to the lease of 11,085 square feet of office space at 3119, 3125, and 3127 Mission Street, from KLW Investments, LLC, a California limited liability corporation; extending the term by four years and six months from March 31, 2026, for a total term from, July 1, 2015, through September 30, 2030, and granting a five year option to renew the lease, at an annual base rent of $410,145 for continuing use by the Human Services Agency; and authorizing the Director of Property to enter into any additions, amendments or other modifications to the lease that do not otherwise materially increase the obligation or liabilities of the City to effectuate the purposes of the lease and this Resolution. (Real Estate Department) (Fiscal Impact) ADOPTED by the following vote: - Ayes: Chan, Chen, Dorsey, Mahmood, Mandelman, Melgar, Sauter, Sherrill, Walton, Wong - Excused: Fielder ### File 260173: Real Property Lease Amendment - KLW Investments, LLC - 3120 Mission Street - Annual Base Rent of $1,237,642 - Pages: 8 - Vote 1: adoption, likely final - Action: 260173 [Real Property Lease Amendment - KLW Investments, LLC - 3120 Mission Street - Annual Base Rent of $1,237,642] Resolution approving and authorizing the Director of Property, on behalf of the City and County of San Francisco, to execute the second amendment to the lease of 39,251 square feet of office space at 3120 Mission Street, from KLW Investments, LLC, a California limited liability corporation; extending the term by four years and six months from March 31, 2026, for a total term from July 1, 2015, through September 30, 2030, and granting a five year option to renew the lease, at an annual base rent of $1,237,642 for continuing use by the Human Services Agency; and authorizing the Director of Property to enter into any additions, amendments or other modifications to the lease that do not otherwise materially increase the obligation or liabilities of the City to effectuate the purposes of the lease and this Resolution. (Real Estate Department) (Fiscal Impact) ADOPTED by the following vote: - Ayes: Chan, Chen, Dorsey, Mahmood, Mandelman, Melgar, Sauter, Sherrill, Walton, Wong - Excused: Fielder ### File 260181: Grant Agreement Amendment - Lutheran Social Services - Money Management - Not to Exceed $15,210,535 - Pages: 8-9 - Vote 1: adoption, likely final - Action: 260181 [Grant Agreement Amendment - Lutheran Social Services - Money Management - Not to Exceed $15,210,535] Sponsor: Mayor Resolution approving the second amendment to the grant agreement between Lutheran Social Services of Northern California and the Department of Homelessness and Supportive Housing (“HSH”), for money management services, extending the grant term by 24 months from June 30, 2026, for a total term of July 1, 2021, through June 30, 2028, and increasing the agreement amount by $5,210,685 for a total amount not to exceed $15,210,535; and authorizing HSH to enter into any amendments or other modifications to the Amendment that do not materially increase the obligations or liabilities, or materially decrease the benefits to the City and are necessary or advisable to effectuate the purposes of the Agreement. (Department of Homelessness and Supportive Housing) (Fiscal Impact) ADOPTED by the following vote: - Ayes: Chan, Chen, Dorsey, Mahmood, Mandelman, Melgar, Sauter, Sherrill, Walton, Wong - Excused: Fielder ### File 260185: Project Agreement - PRG-Potrero Properties LLC - Potrero Yard Modernization Project - 2500 Mariposa Street - $1,396,433,595 - Approving Bond Issuance - $900,000,000 - Pages: 9-10 - Vote 1: other - Action: , the Planning Commission and Board of Supervisors each unanimously approved entitlement legislation, on File with the Clerk of the Board of Supervisors in File No. 240136, which is hereby declared to be a part of this resolution as if set forth fully herein, for the Potrero Yard Modernization Project, that allowed for the 465-unit affordable housing component, with each body citing the widespread and strong public community support for the innovative joint-development project; and’; and on Page 14, Lines 3-10, by adding ‘FURTHER RESOLVED, That given the significant reduction of affordable housing units in the Potrero Yard Modernization Project after the multi-year engagement process with the community, the Board of Supervisors urges MOHCD to identify funding sources to construct the infrastructure needed to enable future housing development opportunities as part of the Potrero Yard Modernization Project; and, be it FURTHER RESOLVED, That the Board of Supervisors urges SFMTA to identify additional sites and collaborate with MOHCD to deliver 465 units of affordable housing to the community as provided in the entitlement legislation in 2024.’ The motion carried by the following vote: - Ayes: Chan, Chen, Dorsey, Mahmood, Melgar, Sauter, Sherrill, Walton, Wong - Noes: Mandelman - Excused: Fielder - Vote 2: adoption, likely final - Action: (Fiscal Impact) ADOPTED AS AMENDED by the following vote: - Ayes: Chan, Chen, Dorsey, Mahmood, Mandelman, Melgar, Sauter, Sherrill, Walton, Wong - Excused: Fielder ## Extracted text ### [Page 8](https://sfbos.info/documents/1144/2026-03-24-minutes#page-8) Board of Supervisors Meeting Minutes - Draft 3/24/2026 260173 [Real Property Lease Amendment - KLW Investments, LLC - 3120 Mission Street - Annual Base Rent of $1,237,642] Resolution approving and authorizing the Director of Property, on behalf of the City and County of San Francisco, to execute the second amendment to the lease of 39,251 square feet of office space at 3120 Mission Street, from KLW Investments, LLC, a California limited liability corporation; extending the term by four years and six months from March 31, 2026, for a total term from July 1, 2015, through September 30, 2030, and granting a five year option to renew the lease, at an annual base rent of $1,237,642 for continuing use by the Human Services Agency; and authorizing the Director of Property to enter into any additions, amendments or other modifications to the lease that do not otherwise materially increase the obligation or liabilities of the City to effectuate the purposes of the lease and this Resolution. (Real Estate Department) (Fiscal Impact) ADOPTED by the following vote: Ayes: 10 - Chan, Chen, Dorsey, Mahmood, Mandelman, Melgar, Sauter, Sherrill, Walton, Wong Excused: 1 - Fielder 260181 [Grant Agreement Amendment - Lutheran Social Services - Money Management - Not to Exceed $15,210,535] Sponsor: Mayor Resolution approving the second amendment to the grant agreement between Lutheran Social Services of Northern California and the Department of Homelessness and Supportive Housing (“HSH”), for money management services, extending the grant term by 24 months from June 30, 2026, for a total term of July 1, 2021, through June 30, 2028, and increasing the agreement amount by $5,210,685 for a total amount not to exceed $15,210,535; and authorizing HSH to enter into any amendments or other modifications to the Amendment that do not materially increase the obligations or liabilities, or materially decrease the benefits to the City and are necessary or advisable to effectuate the purposes of the Agreement. (Department of Homelessness and Supportive Housing) (Fiscal Impact) ADOPTED by the following vote: Ayes: 10 - Chan, Chen, Dorsey, Mahmood, Mandelman, Melgar, Sauter, Sherrill, Walton, Wong Excused: 1 - Fielder City and County of San Francisco Page 7 Printed at 2:52 pm on 3/25/26 ### [Page 9](https://sfbos.info/documents/1144/2026-03-24-minutes#page-9) Board of Supervisors Meeting Minutes - Draft 3/24/2026 260185 [Project Agreement - PRG-Potrero Properties LLC - Potrero Yard Modernization Project - 2500 Mariposa Street - $1,396,433,595 - Approving Bond Issuance - $900,000,000] Sponsor: Mayor Resolution approving Contract No. 1334, Infrastructure Facility Project Agreement (“Project Agreement”), with PRG - Potrero Properties LLC, for the design, construction, and financing of a bus storage and maintenance facility for the Potrero Yard Modernization Project, which Project Agreement provides for 1) a 30-year term commencing after substantial completion, scheduled for 2030, and expected to end in 2060, 2) two milestone payments of $65,000,000 at or around financial close and $250,000,000 during construction, 3) a $5,000,000 development fee payable after substantial completion, 4) annual availability payments commencing approximately one year after anticipated substantial completion and continuing through the end of the term, projected to start at approximately $33,000,000 with an estimated cumulative total of approximately $980,000,000 5) potential delay event or termination compensation, all as provided in the Project Agreement and for a not to exceed amount of $1,396,433,595 expressed in nominal dollars; affirming the Planning Department’s determination under the California Environmental Quality Act; and approving, for purposes of Section 147(f) of the Internal Revenue Code of 1986, as amended, the issuance by the California Municipal Finance Authority of tax-exempt obligations in an aggregate principal amount not to exceed $900,000,000 to finance the costs of the Project, and making related findings and determinations related thereto. (Municipal Transportation Agency) (Fiscal Impact) Privilege of the floor was granted unanimously to Judson True (San Francisco Municipal Transportation Agency) and Robert Baca (Mayor’s Office of Housing and Community Development) who responded to questions raised throughout the discussion. Supervisor Chan, seconded by Supervisor Melgar, moved that this Resolution be AMENDED, AN AMENDMENT OF THE WHOLE BEARING SAME TITLE, on Page 4, Lines 5-10, by adding ‘WHEREAS, In March 2024, the Planning Commission and Board of Supervisors each unanimously approved entitlement legislation, on File with the Clerk of the Board of Supervisors in File No. 240136, which is hereby declared to be a part of this resolution as if set forth fully herein, for the Potrero Yard Modernization Project, that allowed for the 465-unit affordable housing component, with each body citing the widespread and strong public community support for the innovative joint-development project; and’; and on Page 14, Lines 3-10, by adding ‘FURTHER RESOLVED, That given the significant reduction of affordable housing units in the Potrero Yard Modernization Project after the multi-year engagement process with the community, the Board of Supervisors urges MOHCD to identify funding sources to construct the infrastructure needed to enable future housing development opportunities as part of the Potrero Yard Modernization Project; and, be it FURTHER RESOLVED, That the Board of Supervisors urges SFMTA to identify additional sites and collaborate with MOHCD to deliver 465 units of affordable housing to the community as provided in the entitlement legislation in 2024.’ The motion carried by the following vote: Ayes: 9 - Chan, Chen, Dorsey, Mahmood, Melgar, Sauter, Sherrill, Walton, Wong Noes: 1 - Mandelman Excused: 1 - Fielder (Fiscal Impact) ADOPTED AS AMENDED by the following vote: Ayes: 10 - Chan, Chen, Dorsey, Mahmood, Mandelman, Melgar, Sauter, Sherrill, Walton, Wong Excused: 1 - Fielder City and County of San Francisco Page 8 Printed at 2:52 pm on 3/25/26