SFGTV December 15, 2014
Most of the revenues are designated to trances bay so in order to move forward with receiving those funds the mello roos act requires that if an entity other than the entity levying the tax, which in this case is the city, is actually receiving the revenue there needs a joint facilities agreement and the agreement specifies how the funds will be spent and its laid out in the implementation document that accompanied the Transit Center plan and allows us to spend the funds on the d tx and the rail components and the roof top park so the resolution before you today would approve that agreement. T...