SCH Number 1996092044

Title: South of Market Redevelopment Plan Amendment
Description: The Redevelopment Plan Amendment proposes to convert the SOM Earthquake Recovery Redevelopment Project Area to a redevelopment project area, authorize the Agency to use tax-increment financing to alleviate physical and economic conditions of blight and to use eminent domain to alleviate these blighting conditions. In order to finance projects and programs that would alleviate the conditions of blight, the Redevelopment Plan Amendment would also include: - An amended expiration date, which extends the redevelopment plan by 10 years (from June 11, 2010 to June 11, 2020); - Extended deadlines for the Agency to incur and repay indebtedness secure by tax increment funds; and - Increase the aggregate amount of tax increment the Agency may receive (from $102,000,000 to $200,000,000) and the maximum amount of bonded indebtedness the Agency may have outstanding at any one time (from $60,000,000 to $80,000,000).

3 documents in project

Type	Lead/Public Agency	Received	Title
FIN	City and County of San Francisco	8/30/2004	South of Market Redevelopment Plan Amendment
SIR	City and County of San Francisco	8/27/2004	South of Market Redevelopment Plan Amendment
EIR	City and County of San Francisco	9/19/1996	South of Market Redevelopment Plan Amendment