# Board of Supervisors Minutes: February 23, 2016 - Meeting date: 2016-02-23 - Document type: minutes - Source format: PDF - Extracted pages: 31 - [Canonical HTML transcript](https://sfbos.info/documents/324/2016-02-23-minutes) - [Authoritative City source](https://sfgov.legistar.com/View.ashx?M=M&ID=461545&GUID=F2641BD9-0C22-46E4-A9B4-DF3B94E51349) > This text was extracted for search and accessibility. The linked City source is the authoritative public record. ## Structured legislative records ### File 151120: Hearing - Infrastructure Financing District No. 2 (Port of San Francisco) - Pages: 14-15 ### File 151119: Establishing an Infrastructure Financing District and Adopting an Infrastructure Financing Plan (Port of San Francisco) - Pages: 15 - Sponsors: Mayor; Cohen - Vote 1: amendment - Action: 70 - Historic Core) and adopting an Infrastructure Financing Plan (IFP) (including Appendix G-1) for City and County of San Francisco Infrastructure Financing District No. 2 (Port of San Francisco); approving a Tax Administration Agreement; affirming the Planning Department’s determination under the California Environmental Quality Act; and approving other matters in connection with the IFD and IFP, as defined herein. (Fiscal Impact) Supervisor Cohen, seconded by Supervisor Yee, moved that this Ordinance be AMENDED, AN AMENDMENT OF THE WHOLE BEARING SAME TITLE, on Page 5, Lines 8 through 10, by recognizing both public hearings held on January 26, 2016, and February 23, 2016; Page 5, Line 24, through Page 6, Line 8, by adding a finding specifying the Lease tenant's acknowledgement that the Port stated its intention to establish the IFD; Page 6, Lines 9 through 13, by adding a finding on the specifics found in Appendix G-1; Page 7, Lines 15 through 16, by striking ‘Qualified Port Costs’ and adding ‘Port Benefit Tasks’; and Page 8, Lines 3 through 8, by requesting the Port to take steps to form a community facilities district at a future date. The motion carried by the following vote: - Ayes: Avalos, Breed, Campos, Cohen, Farrell, Kim, Peskin, Tang, Wiener, Yee - Absent: Mar - Vote 2: first-reading - Action: (Fiscal Impact) PASSED ON FIRST READING AS AMENDED by the following vote: - Ayes: Avalos, Breed, Campos, Cohen, Farrell, Kim, Peskin, Tang, Wiener, Yee - Absent: Mar ### File 151118: Authorizing Issuance of Bonds - Port Infrastructure Financing District - Pier 70 (Historic Core) - Not to Exceed $25,100,000 - Pages: 15-16 - Sponsors: Mayor; Cohen - Vote 1: adoption, likely final - Action: 151118 [Authorizing Issuance of Bonds - Port Infrastructure Financing District - Pier 70 (Historic Core) - Not to Exceed $25,100,000] Sponsors: Mayor; Cohen Resolution approving issuance of bonds in an amount not to exceed $25,100,000 for City and County of San Francisco Infrastructure Financing District No. 2 (Port of San Francisco) with respect to Sub-Project Area G-1 (Pier 70 - Historic Core); approving an Indenture of Trust and a Pledge Agreement; and approving other matters in connection with the bonds, as defined herein. (Fiscal Impact) Resolution No. 060-16 ADOPTED by the following vote: - Ayes: Avalos, Breed, Campos, Cohen, Farrell, Kim, Peskin, Tang, Wiener, Yee - Absent: Mar ### File 151117: Authorizing Execution of a Memorandum of Understanding Relating to Infrastructure Financing District No. 2 - Pages: 16-17 - Sponsors: Mayor; Cohen - Vote 1: adoption, likely final - Action: 151117 [Authorizing Execution of a Memorandum of Understanding Relating to Infrastructure Financing District No. 2] Sponsors: Mayor; Cohen Resolution approving a Memorandum of Understanding (MOU) relating to Sub-Project Area G-1 (Pier 70 - Historic Core) of City and County of San Francisco Infrastructure Financing District No. 2 (Port of San Francisco); and approving other matters in connection with the MOU, as defined herein. (Fiscal Impact) Resolution No. 059-16 ADOPTED by the following vote: - Ayes: Avalos, Breed, Campos, Cohen, Farrell, Kim, Peskin, Tang, Wiener, Yee - Absent: Mar ## Extracted text ### [Page 15](https://sfbos.info/documents/324/2016-02-23-minutes#page-15) Board of Supervisors Meeting Minutes 2/23/2016 151119 [Establishing an Infrastructure Financing District and Adopting an Infrastructure Financing Plan (Port of San Francisco)] Sponsors: Mayor; Cohen Ordinance establishing an Infrastructure Financing District (IFD) (including Sub-Project Area G-1 (Pier 70 - Historic Core) and adopting an Infrastructure Financing Plan (IFP) (including Appendix G-1) for City and County of San Francisco Infrastructure Financing District No. 2 (Port of San Francisco); approving a Tax Administration Agreement; affirming the Planning Department’s determination under the California Environmental Quality Act; and approving other matters in connection with the IFD and IFP, as defined herein. (Fiscal Impact) Supervisor Cohen, seconded by Supervisor Yee, moved that this Ordinance be AMENDED, AN AMENDMENT OF THE WHOLE BEARING SAME TITLE, on Page 5, Lines 8 through 10, by recognizing both public hearings held on January 26, 2016, and February 23, 2016; Page 5, Line 24, through Page 6, Line 8, by adding a finding specifying the Lease tenant's acknowledgement that the Port stated its intention to establish the IFD; Page 6, Lines 9 through 13, by adding a finding on the specifics found in Appendix G-1; Page 7, Lines 15 through 16, by striking ‘Qualified Port Costs’ and adding ‘Port Benefit Tasks’; and Page 8, Lines 3 through 8, by requesting the Port to take steps to form a community facilities district at a future date. The motion carried by the following vote: Ayes: 10 - Avalos, Breed, Campos, Cohen, Farrell, Kim, Peskin, Tang, Wiener, Yee Absent: 1 - Mar (Fiscal Impact) PASSED ON FIRST READING AS AMENDED by the following vote: Ayes: 10 - Avalos, Breed, Campos, Cohen, Farrell, Kim, Peskin, Tang, Wiener, Yee Absent: 1 - Mar 151118 [Authorizing Issuance of Bonds - Port Infrastructure Financing District - Pier 70 (Historic Core) - Not to Exceed $25,100,000] Sponsors: Mayor; Cohen Resolution approving issuance of bonds in an amount not to exceed $25,100,000 for City and County of San Francisco Infrastructure Financing District No. 2 (Port of San Francisco) with respect to Sub-Project Area G-1 (Pier 70 - Historic Core); approving an Indenture of Trust and a Pledge Agreement; and approving other matters in connection with the bonds, as defined herein. (Fiscal Impact) Resolution No. 060-16 ADOPTED by the following vote: Ayes: 10 - Avalos, Breed, Campos, Cohen, Farrell, Kim, Peskin, Tang, Wiener, Yee Absent: 1 - Mar City and County of San Francisco Page 110 Printed at 9:41 am on 4/8/16 ### [Page 16](https://sfbos.info/documents/324/2016-02-23-minutes#page-16) Board of Supervisors Meeting Minutes 2/23/2016 151117 [Authorizing Execution of a Memorandum of Understanding Relating to Infrastructure Financing District No. 2] Sponsors: Mayor; Cohen Resolution approving a Memorandum of Understanding (MOU) relating to Sub-Project Area G-1 (Pier 70 - Historic Core) of City and County of San Francisco Infrastructure Financing District No. 2 (Port of San Francisco); and approving other matters in connection with the MOU, as defined herein. (Fiscal Impact) Resolution No. 059-16 ADOPTED by the following vote: Ayes: 10 - Avalos, Breed, Campos, Cohen, Farrell, Kim, Peskin, Tang, Wiener, Yee Absent: 1 - Mar Supervisor Mar was noted present at 7:30 p.m. City and County of San Francisco Page 111 Printed at 9:41 am on 4/8/16