1 [Acknowledging the Establishment of Yerba Buena Gardens Conservancy]

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AMENDED N COMMTTEE FLE NO. 160756 10//16 RESOLUTON NO. 469-16 1 [Acknowledging the Establishment of Yerba Buena Gardens Conservancy] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 Resolution acknowledging the establishment of a new public benefit civic nonprofit Yerba Buena Gardens Conservancy to assume long-term operating and management responsibility for Yerba Buena Gardens under a master lease with the City of San Francisco. WHEREAS, n 76 Mayor George Moscone embraced a civic vision to combine the construction of a new Convention Center for the City's vital Visitor ndustry with the creation of a "public gardens" for the everyday enjoyment of all the residents and communities of San Francisco; and WHEREAS, Four decades later, thanks to the determination of the San Francisco Redevelopment Agency, community advocates, committed builders, old and new arts institutions, and many civic stakeholders - and after overcoming obstacles and challenges - the realization of that Vision, Yerba Buena Gardens, is now nearing full completion; and WHEREAS, The three Blocks of Yerba Buena Gardens are a civic treasure of interrelated public parks, community institutions, and urban amenities cherished by the people of San Francisco; and WHEREAS, Block One of the Gardens bounded by Market, Mission, Third, and Fourth Streets includes St. Patrick's Church, Jessie Square, the Contemporary Jewish Museum, the Mexican Museum, and Yerba Buena Lane; and WHEREAS, Block Two of the Gardens bounded by Mission, Howard, Third, and Fourth istreets includes the Esplanade, the Market Luther King Memorial Fountain, the East Garden, the Yerba Buena Center for the Arts Gallery and Theater, and the Sister City Gardens; and Supervisor Kirn BOARD OF SUPERVSORS Page 1

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 WHEREAS, Block Three of the Gardens bounded by Howard, Folsom, Third, and Fourth Streets includes the Playland at the Beach Carousel, the Children's Playground, the Children's Creativity Center, the Skating/Bowling Center, and the (South of Market) SOMA Childcare Center; and WHEREAS, The Gardens also include several popwlar cafes and public art works enjoyed by its visitors, and is adjacent to the Museum of African Diaspora and San Francisco Filipino Cultural Center and the busy Metreon Entertainment/Shopping complex; and WHEREAS, The Gardens host an exceptional range of annual public free events and celebrations, including the Verba Buena Gardens Festival performances, the annual Martin 1 Luther King Holiday Birthday Observance, and the annual Pistahan Festival; and WHEREAS, The Gardens also host a number of well-coordinated Moscone Convention 1Center events each year for the engagement of convention attendees; and WHEREAS, Since its opening in 92 the Gardens and its many attractions have been shared and enjoyed by City residents and visitors from around the world, with over 5,000,000 enjoying its many amenities in 15 alone; and 1 WHEREAS, The finishing touches of Verba Buena Gardens are now under construction, including a new Tot Lot, a new Howard Street Pedestrian Bridge, and additional Gardens improvements that are part of the Moscone Center Expansion Project that will be completed in 18; and WHEREAS, As required by State Law, the City will assume ownership of all the Gardens properties and buildings in 17, and will assume responsibility for the management and maintenance of the Gardens from the San Francisco Office of Community mprovement and nfrastructure (OCll) that point forward; and WHEREAS, The former Redevelopment Agency's agreements with the Marriot Hotel, 1the Metreon, the St. Regis Hotel, and Millennium Partners to fund the Gardens annual BOARD OF SUPERVSORS Page 2

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 Maintenance, Operating, and Security costs will continue in effect, now totaling about $8,900,000 per year; and WHEREAS, The rental income from the Skating/Bowling Center, B Restaurant, and Samovar Tea Lounge also will continue, adding about $700,000 per year in payments to OCll; and WHEREAS, These and other revenues provide over $9,600,000 a year for the maintenance and operation of the Gardens parks and public amenities; and WHEREAS, These revenues also provide about $4,000,000 a year for the maintenance and operation of the Gardens cultural facilities; and Whereas, additional revenues of about $1,000,000 per year from temporary rentals of Gardens spaces and facilities supports extensive programming of free public events and activities in the Gardens; and WHEREAS, There is about $13,000,000 in reserves now held by OCll for future operating expenses, building renovation needs, and long-range capital improvements of the Gardens; and WHEREAS, The ground lease payments from the City's Moscone Convention Center of about $600,000 per year helped support maintenance and operation of the Gardens parks and public amenities ended in 15; and WHEREAS, The Gardens is projected to need approximately $50,000,000 in capital funding over the next 30 years for routine renovation of all its building and facilities subject to validation by the San Francisco Real Estate Division; now, therefore, be it RESOLVED, That it is the Policy of the City and County of San Francisco that it is now time to establish a new public benefit civic nonprofit Yerba Buena Gardens Conservancy to assume long-term operating and management responsibility for Yerba Buena Gardens under a master lease with the City and County of San Francisco; and BOARD OF SUPERVSORS Page 3

1 BE T FURTHER RESOLVED, That the Verba Buena Gardens Conservancy will be 2!governed by a 15 member Board of Directors composed of 9 Gardens stakeholders elected 3 lby the Conservancy board and 6 civic leaders 3 appointed by the Mayor's and 3 by the Board 4 of Supervisors; and 5 BE T FURTHER RESOLVED, That Verba Buena Gardens Conservancy will employ its 6 own administrative staff and continue to contract for Gardens maintenance, operations, 7 security services as now; and 8 BE T FURTHER RESOLVED, the Verba Buena Gardens Conservancy will continue to 9 contract for coordinated events and activities programming as now; and 10 BE T FURTHER RESOLVED, The Verba Buena Gardens Conservancy will comply 11 with the Ralph M. Brown Act, the City Sunshine Ordinance, Ethics Commission regulations, 12 the City's contract bidding procedures, and comply with all the City's labor and human rights 13 policies; and 14 BE T FURTHER RESOLVED, City Departments will continue to provide essential legal 15 and technical services to the Verba Buena Gardens Conservancy as appropriately requested 16 by Verba Buena Gardens Conservancy, including enforcing the former Redevelopment 17 Agency/OCll's funding agreements for the Gardens Maintenance, Operating, and Security 18 costs; and BE T FURTHER RESOLVED, the annual funding revenues identified above that now support the maintenance, operations, security, and programming of the Gardens parks, public amenities, and cultural facilities shall continue to be fully dedicated to those purposes by the City after it assumes ownership of the Gardens from OCll; and BE T FURTHER RESOLVED, that the Museum of African Diaspora, the Mexican Museum and the San Francisco Filipino Cultural Center are important cultural assets for the BOARD OF SUPERVSORS Page 4

1 City and County of San Francisco and should be included in the future planning scenarios for 2 the Yerba Buena Gardens Conservancy; and 3 BE T FURTHER RESOLVED, The loss of annual operating support for the Gardens 4 from ground lease payments by the Moscone Convention Center shall be made up from civic 5 resources available for such purposes; and 6 BE T FURTHER RESOLVED, The Gardens additional long-range capital improvement 7 funding needs set forth above shall be addressed as a project eligible to be funded by the 8 Community Facilities Funding District now proposed for the City's pending Central SOMA 9 Plan; and, be it 10 FURTHER RESOLVED, The San Francisco Real Estate Division shall draft such a 11 conceptual Community Facilities Funding Program for public review by March 31, 17; and, 12 be it 13 FURTHER RESOLVED, The loss of annual operating support from the Moscone 14 Convention Center shall be made up from civic resources available for such purposes; and, 15 be it 16 FURTHER RESOLVED, The City Administrator shall identify the civic resources 17 potentially available to replace the annual operating support formerly provided by the 18 Moscone Convention Center by March 31, 17. BOARD OF SUPERVSORS Page 5

City and County of San Francisco Tails Resolution City Hall 1 Dr. Carlton B. Goodlett Place San Francisco, CA 94102-4689 File Number: 160756 Date Passed: November 01, 16 Resolution acknowledging the establishment of a new public benefit civic nonprofit Yerba Buena Gardens Conservancy to assume long-term operating and management responsibility for Yerba Buena Gardens under a master lease with the City of San Francisco. September 01, 16 Government Audit and Oversight Committee - CONTNUED TO CALL OF THE CHAR October 06, 16 Government Audit and Oversight Committee - CONTNUED October, 16 Government Audit and Oversight Committee -AMENDED, AN AMENDMENT OF THE WHOLE BEARNG NEW TTLE October, 16 Government Audit and Oversight Committee - RECOMMENDED November 01, 16 Board of Supervisors - ADOPTED Ayes: 11 - Avalos, Breed, Campos, Cohen, Farrell, Kim, Mar, Peskin, Tang, Wiener and Yee File No. 160756 hereby certify that the foregoing Resolution was ADOPTED on 11/1/16 by the Board of Supervisors of the City and County of San Francisco. Unsigned Mayor 11/10/16 Date Approved City and County of San Francisco Page8 Printed at 11:09 am on 11116

hereby certify that the foregoing resolution, not being signed by the Mayor within the time limit as set forth in Section 3.103 of the Charter, or time waived pursuant to Board Rule 2.14.2, became effective without his approval in accordance with the provision of said Section 3.103 of the Charter or Board Rule 2.14.2. ~ ~ t~calvillo Clerk of the Board