City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
130153
Name:
Hearing - America's Cup Organizing Committee's
Fundraising and Finances
Status:
Type:
Hearing
Filed
File created:
In control:
2/12/2013
Budget and Finance Committee
On agenda:
Final action:
1/3/2014
Enactment date:
Enactment #:
Title:
Hearing to review the status of the America's Cup Organizing Committee's (ACOC) efforts to raise $32
million from private sources to reimburse the City for a portion of the City’s costs related to the
America’s Cup, including an update from the Controller on the ACOC's financial position, what the
City’s potential liabilities are if the ACOC fails to raise this sum, and what the City’s options are for
recovering any outstanding fundraising obligations, and will also consider the original determination of
financial feasibility for the America's Cup, and whether the City is still responsible for staging the event
when the event organizers have not fulfilled their financial obligations.
Sponsors:
John Avalos
Attachments:
1. Comm_Pkt_031313
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
2/12/2013
1
TRANSFERRED
President
3/5/2013
1
CONTINUED TO CALL OF THE CHAIR
Budget and Finance Sub-
Committee
3/13/2013
1
Pass
TRANSFERRED
President
7/17/2013
1
FILED PURSUANT TO RULE 3.41
Clerk of the Board
1/3/2014
1