{"id":2383,"date":"2010-10-04T03:43:52","date_gmt":"2010-10-04T11:43:52","guid":{"rendered":"http:\/\/www.fogcityjournal.com\/wordpress\/?p=2383"},"modified":"2022-12-08T07:56:51","modified_gmt":"2022-12-08T15:56:51","slug":"leading-d6-candidates-weigh-in-on-americas-cup-bid","status":"publish","type":"post","link":"https:\/\/www.fogcityjournal.com\/wordpress\/2383\/leading-d6-candidates-weigh-in-on-americas-cup-bid\/","title":{"rendered":"Leading D6 Candidates Weigh In on America\u2019s Cup Bid"},"content":{"rendered":"
\"\"

Photo courtesy Gilles Martin-Raget, Americascup.com<\/p><\/div>\n

By Luke Thomas<\/a><\/strong><\/p>\n

October 4, 2010<\/p>\n

Three of the five leading candidates in the race to succeed District 6 Supervisor Chris Daly have responded to an FCJ request seeking comment on San Francisco\u2019s bid to host the 34th America\u2019s Cup in 2013.<\/p>\n

The event, which is projected to generate as many as 9,000 jobs and much as $1.2 billion in economic activity, according to the mayor\u2019s office, would require significant investment in construction repairs to Piers 30-32 and Pier 50.<\/p>\n

The funds needed to repair the piers, estimated at $270 million, would be raised from sponsors and businesses, San Francisco officials have promised.<\/p>\n

Under the term sheet agreement drawn up by the mayor\u2019s office, Oracle CEO Larry Ellison would be gifted rent-free leases for up to 75 years as well as exclusive pier development rights, an inducement to discourage Ellison from choosing an alternative location for the race.<\/p>\n

“This agreement establishes the strong partnership between the City, the BMW Oracle Racing Team and the entire community if San Francisco is fortunate to be selected as the Host City for the 34th America\u2019s Cup,” said Mayor Gavin Newsom. “The entire City and State of California are united behind bringing the America\u2019s Cup \u2013 and all the economic benefits, jobs and excitement that come with it \u2013 to San Francisco.”<\/p>\n

Supervisor Daly, who terms out of office in January, has expressed opposition to San Francisco hosting the event. “It’s a billionaire’s regatta,” Daly told the SFAppeal<\/a>. “Why are we going out to raise $270 million for Larry fucking Ellison? San Francisco should not be going so out of its way, using the people’s money so that a billionaire can have his yacht race,” adding, “Your average person struggling to make it by in San Francisco, is not going to benefit from the America’s Cup.”<\/p>\n

Of the leading candidates vying to replace Daly, a list that includes Jane Kim, James Keys, Jim Meko, Theresa Sparks and Debra Walker, Keys is the only candidate so far who shares Daly\u2019s objections.\u00a0 Keys is endorsed by Daly.<\/p>\n

Sparks did not return calls seeking comment. Kim said she \u201cdoes not have a comment about America\u2019s cup right now.\u201d<\/p>\n

Here\u2019s what Keys, Meko and Walker said:<\/p>\n

James Keys:<\/strong><\/p>\n

There has certainly been much pomp and circumstance regarding San Francisco’s bid to host the 2013 America’s Cup. However, I think that it is important to wade through all of the hype to figure out whether hosting this event would be beneficial for everyday San Franciscans.<\/p>\n

Given the details of San Francisco’s proposed bid, it is clear that hosting the America’s Cup will not be beneficial for San Francisco. Further I am concerned about impacts of the mega event on San Francisco’s poor — in particular those living in the South of Market, Tenderloin, and North Mission neighborhoods.<\/p>\n

It is widely known that economic projections made by boosters of mega-events are often over-optimistic. A recently conducted study by the Bay Area Council claims that the America\u2019s Cup would add $13 million (after accounting for Police and other costs.) But this figure does not include the costs of additional investments the City would need to make in Port infrastructure, the cost of advertising space, or the City’s cost to raise $270 million in private donations.<\/p>\n

Further, Piers 30-32 and Pier 50 are in District 6. I have serious concerns about the wisdom of turning over this most valuable space to a billionaire for a period of 75 years and have many questions about what type of development would go there and how the City and its residents would benefit from such development.<\/p>\n

I have heard many reports of mega-events, like Olympics and Super Bowls, leading to mass sweeps of poor and homeless people in inner-city areas. I have witnessed the police sweeping the Tenderloin for Presidential visits to San Francisco. In the City of St. Francis, this is not acceptable. I would hope that this City spends as much time, energy, and resources on finding decent, affordable housing and appropriate services for those in need as it has to woo a billionaire’s boat race.”<\/p>\n

\"\"

Community organizer James Keys and Supervisor Chris Daly.<\/p><\/div>\n

Jim Meko:<\/strong><\/p>\n

I am enthusiastically behind bringing the America’s Cup here. Frankly, it would be cool. I know the public is being asked to be involved in the fundraising. As usual, I would like to see a community based task force involved in the planning for the event. The Board of Supes should attach this as a requirement for the approval of the overall plan. We must have an active and legitimate role. I’m particularly concerned about the long-range commitments being made. The only way to ensure this is clean is to put an open process in place immediately.<\/p>\n

\"\"

Entertainment Commissioner Jim Meko.<\/p><\/div>\n

Debra Walker:<\/strong><\/p>\n

As we work to bring America’s Cup here, which I support, there are important considerations we need to keep in mind to make sure the Cup benefits everyone in San Francisco. We need to ensure proper oversight and controls to make sure the city and our communities really benefit–but these concerns can be dealt with appropriately and shouldn’t get in the way of bringing this great opportunity to San Francisco. Let’s just do it right.<\/p>\n

\"\"

Building Inspections Commissioner Debra Walker.<\/p><\/div>\n

Editor\u2019s Note: Luke Thomas is a resident and voter in District 6. In the interest of transparency, he has provided photography services to the campaigns of Jane Kim, Jim Meko and Debra Walker.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The event, which is projected to generate as many as 9,000 jobs and much as $1.2 billion in economic activity, according to the mayor\u2019s office, would require significant investment in construction repairs to piers 30-32 and pier 50.<\/p>\n","protected":false},"author":3,"featured_media":2384,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[222,17],"tags":[],"class_list":["post-2383","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-politics"],"yoast_head":"\nLeading D6 Candidates Weigh In on America\u2019s Cup Bid - Fog City Journal<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fogcityjournal.com\/wordpress\/2383\/leading-d6-candidates-weigh-in-on-americas-cup-bid\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Leading D6 Candidates Weigh In on America\u2019s Cup Bid - 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