Monday, March 31, 2014

BOMA San Francisco Political Action Committee Update - June 3, 2014 Election

BOMA San Francisco Members:

The BOMA San Francisco Political Action Committee has been working diligently to promote good government in San Francisco.  The following is a brief update of the BOMA SF-PAC board members' efforts regarding the June 3, 2014 Statewide Direct Primary Election.  
  • Proposition B - OPPOSE
    • Waterfront Height Limit Initiative
    • Rationale
      • The initiative undermines longstanding civic planning efforts to improve the waterfront and seeks to take away uniform protections of the bay and view from the Bay Conservation and Development Commission. 
      • It jeopardizes 3,700 housing units, most of which are apartments. The City and County of San Francisco is in need of more housing to accommodate demand and to reduce the upward pressure on rents for our workforce.
      • The measure risks shorting the City some $8 billion in tax revenues from development of the waterfront and may result in losing the opportunity to create 60,000 new jobs. 

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