Supes pass $185 million ordinance
for parks restoration
By Caitlin Cassady
October 17, 2007
An ordinance to hold a special election on Feb. 5 for San Francisco
residents to vote on a $185 million bond proposition to restore
and clean up city parks was passed by the Board of Supervisors
San Francisco Mayor Gavin Newsom and Supervisor President Aaron
Peskin proposed the ordinance, which was passed by all 11 supervisors
on its first reading. According to the ordinance, the $185 million
bond will go toward the "construction, reconstruction, purchase
and/or improvement of park and recreation facilities within the
city and county of San Francisco.'' The ordinance also states
that money can be delegated to improvement of structures in any
park as well as other necessary costs related to general upkeep.
If the voters of San Francisco pass the ordinance it will incur
a $185 million bonded debt to the city, according to the board
This amount is too great to be paid out of the ordinary annual
income and revenue of the city, as well as being too large to
be paid out of an annual tax levy.
In order to pay back the balance of the bond, a property tax
increase will be incurred by landowners, according to the board
of supervisors. Landowners will then be allowed to pass 50 percent
of that tax onto residential tenants.
The list of parks and open spaces that will be included under
the umbrella of the proposition include everything from Mission
Dolores Park to the Pier 43 Bay Trail Link. Portions of the proposed
bond will also go toward new or renovated bathroom facilities
at parks and improved playing fields.
One segment of the bond is a $5 million hunk that will go toward
programs that are community nominated, according to the board
A vote on the proposed bond will be held the same day as the
California 2008 Presidential Primary election, according to the
board. The same ballot will be used for both elections and voters
will go to their regular precincts.
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