San Francisco committee discusses $194M bond issuance for community health and safety

June 09, 2025 | San Francisco City, San Francisco County, California


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San Francisco committee discusses $194M bond issuance for community health and safety
The San Francisco City Committee convened on June 9, 2025, to discuss several key financial and administrative matters, including significant bond issuances and committee membership updates.

During the meeting, Vishal Durali from ASSA Public Finance reported on recent bond issuances, highlighting the successful closure of over $552 million in General Obligation (GO) bonds aimed at enhancing earthquake safety and supporting affordable housing initiatives. Durali announced plans for upcoming bond issuances, including a projected $194 million for the 2024 Vibrant Healthy San Francisco Bonds and an additional $150 million for the 2024 Health and Recovery Bonds, both expected to be issued by August 2025.

The committee also addressed membership vacancies, noting two open seats that need to be filled—one from the Board of Supervisors and another from the Mayor's office, both representing community organizations. Discussions included the status of current members whose terms are up and the need for more diversity within the committee, particularly advocating for increased female representation.

Additionally, the committee reviewed its calendar for the upcoming year, with plans to adjust meeting dates to accommodate member availability. There was a consensus to track ongoing projects, including the 2011 Road repaving and the 2024 housing bond, ensuring they remain a priority.

The meeting concluded with a call for public comments, although no members of the public chose to speak. The committee's next steps include following up with appointing authorities to expedite the filling of vacant seats and continuing to monitor the progress of bond issuances and community projects.

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