SFGTV January 16, 2013
Expense; which are redundant with some processes and functions that already exist within the mta. In aggregate we estimated this adds 550,000 for the mta. This structure does date, as you indicated, madame chair to, a time when nonprofit corporations were established for the purposes of issuing bonds that were used to construct these garages. In a number of cases those bonds are now paid off and we have discontinued the corporation that was really there for a financing purpose. The Civic Center Garage being an example, right across the street here. But in other cases they persist. And we did r...
Source: archive.org