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File #: 170675    Version: 1 Name: Appropriation - Airport Hotel Project of $70,060,000 and Re-Appropriation - Hotel Special Facility Revenue Bond of $25,000,000 - Airport Commission - FY2016-2017
Type: Ordinance Status: Passed
Introduced: 6/6/2017 In control: Clerk of the Board
On agenda: Final action: 7/21/2017
Enactment date: 7/21/2017 Enactment #: 152-17
Title: Ordinance appropriating $70,060,000, consisting of $35,000,000 of proceeds from the sale of Airport Capital Plan Bonds and $60,000 from fund balance, and $35,000,000 of proceeds transfer from Hotel Special Facility Revenue Bonds, to support San Francisco International Airport Hotel Project and placing $70,000,000 on Controller’s Reserve pending receipt of proceeds of indebtedness; and de-appropriating and re-appropriating $25,000,000 of Hotel Special Facility Revenue Bonds.
Sponsors: Mayor
Attachments: 1. Leg Ver1, 2. Airport Comm Memo 030717, 3. MYR Ltr 060117, 4. Budget Director Ltr 060117, 5. Comm Pkt 062117, 6. Bdgt Analyst Rpt 062117, 7. Board Pkt 062717, 8. Board Pkt 071117, 9. Leg Final
Legislation Details
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