San Francisco Board of Supervisors Unanimously Advances Bid for America’s Cup that Offers Extraordinary Benefits to BMW Oracle Team & Event Authority, the Sport of Sailing and the People of San Francisco.
Mayor Gavin Newsom today signed the resolution adopting the Host City Agreement for the 34th America’s Cup in San Francisco immediately following the Board of Supervisors’ unanimous 11-0 approval of the legislation. The Host City Agreement sets forth binding and essential terms and conditions between the City, the San Francisco America’s Cup Organizing Committee and the America’s Cup Event Authority with the Protocol for the 34th America’s Cup, subject to all necessary approvals and environmental review required by the California Environmental Quality Act (CEQA).
“Today, with unanimous support, San Francisco has advanced our best possible bid to host the America’s Cup, one that we believe offers extraordinary benefits to the City, the Team and the sport of sailing,” said Mayor Newsom. “With this agreement, San Francisco stands united and committed to delivering the best America’s Cup experience in history, right here in the natural amphitheater of San Francisco Bay. Over these last several months, we have improved our bid through often-tough questions and negotiations, and today I truly believe we offer the Team a partnership and an opportunity for the America’s Cup unmatched anywhere in the world. I want to thank the entire Board of Supervisors and the America’s Cup Organizing Committee for their leadership and unity around this bid, especially President David Chiu, Supervisor Ross Mirkarimi and Mark Buell.” Read more.