File #: 241095    Version: 1 Name: Accept and Expend Grant and Grant Agreement - BXP Embarcadero Plaza LP - Embarcadero Plaza and Sue Bierman Park - $12,500,000
Type: Resolution Status: Pending Committee Action
Introduced: 11/5/2024 In control: Budget and Finance Committee
On agenda: Final action:
Enactment date: Enactment #:
Title: Resolution authorizing the Recreation and Park Department (RPD) to enter into an agreement with BXP Embarcadero Plaza LP (BXPE), the Downtown San Francisco Partnership, and the Office of Economic and Workforce Development regarding potential improvements and renovations at Embarcadero Plaza and Sue Bierman Park; and to accept cash and in-kind grants from BXPE of approximately $2,500,000 for design and RPD project management services; and to accept potential additional grants of approximately $10,000,000 that could include cash grants from Downtown Community Benefit District (known as the Downtown San Francisco Partnership) or in-kind grants of construction services from BXPE, for the period starting on the execution date of the agreement through December 2028; and authorizing the RPD to enter into amendments or modifications to the agreement provided they do not materially increase the obligations or liabilities of the City and are necessary to effectuate the purposes of the Project or this Resolution.
Sponsors: Mayor
Attachments: 1. Leg Ver1, 2. Grant Info Form 110124, 3. DRAFT Grant Agrmt, 4. Grant Budget, 5. Draft Schedule 102524, 6. RPC Reso No. 2410-004 101724, 7. RPD Memo 110124
Legislation Details
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