Ordinance authorizing $43 M Open Space Certificates of Participation
The City approved the issuance and sale of up to $43,000,000 in tax‑exempt or taxable Certificates of Participation.
What's happening
- The City approved the issuance and sale of up to $43,000,000 in tax‑exempt or taxable Certificates of Participation.
- Proceeds will be payable from Base Rental secured by Net Open Space Fund Property Tax Revenues to finance or refinance open‑space projects.
Why it matters
It provides new financing for open‑space improvements, helping maintain parks and green infrastructure for the community.
Who is affected
How to act
Attend: Remote comment is allowed at the full Board meeting; see City Hall or sf.gov for details.
Email: Not listed in the source document.
Submit comment: Not listed in the source document.
Decision update
Passed
The item “Ordinance authorizing $43 M Open Space Certificates of Participation” passed.
Decided Sep 15, 2026.