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4 posts from May 2013

05/31/2013

City Budget: Mayor Presents Proposed Balanced Budget

City Budget: Mayor Presents Proposed Balanced BudgetMayor Edwin M. Lee today presented his proposed two-year balanced budget for Fiscal Year 2013-14 and 2014-15. The Mayor's proposal balances a two year budget that closes budget deficits of $124 million for FY 2013-14 and $256 million for FY 2014-15. The two-year budget is the result of a collaboration with elected officials, residents, departments, community organizations, and employees. 

"Because of our strategic investments in job creation and economic growth, San Francisco has been spared the deep budget deficits we have experienced over the last several years and we are now able to invest in our City and protect social services when people need them the most," said Mayor Lee. "This consensus driven, responsible budget reflects my commitment to innovate to solve our civic challenges, involve the public, and invest in our infrastructure and workforce. The hard work is not done, and we can expect that the State and Federal governments will continue to scale back their investment in cities. We must continue on the path of reform and fiscal responsibility to continue our economic recovery, guarantee public safety and essential social safety net programs and serve our residents. I look forward to working with the Board of Supervisors to deliver this final budget to the people of San Francisco." Read more.

05/21/2013

Super Bowl: Mayor Announces Bay Area to host Super Bowl 50

Super Bowl: Mayor & Bay Area Leaders Submit Bid to Host Super BowlMayor Edwin M. Lee today celebrated the successful bid to host Super Bowl 50 in 2016 in the San Francisco Bay Area in partnership with the San Francisco 49ers and the Super Bowl Bid Committee.

The successful bid was delivered today to the National Football League (NFL) by Tipping Point CEO and Founder Daniel Lurie and San Francisco 49ers Owner Jed York in a live pitch to 32 NFL owners in Boston. 

The 2016 Super Bowl game will be held at the new Levi's Stadium in Santa Clara and will bring hundreds of millions of dollars in economic impact to the entire Bay Area. Read more.

05/20/2013

Capital Improvement: Mayor Announces SFO Ten-Year Infrastructure Plan

Mayor Announces SFO Ten-Year Infrastructure PlanMayor Edwin M. Lee today announced a $4.1 billion capital improvement plan for San Francisco International Airport (SFO). The long-term infrastructure plan provides funding for terminal improvements, facility enhancements, and the creation of an on-site luxury hotel, pending environmental approval. The plan is expected to create more than 36,000 jobs over the next 10 years.

“SFO’s ten year capital improvement plan ensures that our airport can achieve its goal to create a world-class facility, and continue to be a vital source of job creation in Bay Area,” said Mayor Lee. “SFO is an engine which helps power our local economies, bring tourism and jobs to the entire region, and this investment in our infrastructure keeps that engine running strong.” Read more

05/13/2013

Local Economy: Mayor Announces New Loans to Boost Small Business

Local Economic: Mayor Announces New Loans to Boost Small BusinessMayor Edwin M. Lee today announced the launch of the Emerging Business Loan Fund which will make $12 million in affordable loans available to support small business, boost the local economy and create jobs. 

"Not only do small businesses help keep our world famous neighborhood merchant corridors active and vibrant, they also help boost our local economy," said Mayor Lee. "The Emerging Business Loan Fund will allow entrepreneurs and small businesses to secure the capital they need to innovate, grow their business and succeed." Read more.