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(a) Establishment of Fund. The San Francisco Seismic Safety Loan Fund is established as a category four fund to receive all proceeds from the sale of bonds under the Earthquake Loan Bond Program, 1992, as described in Ordinance 217-92 and in Chapters 66 and 66A of the San Francisco Administrative Code (other than any premium or accrued interest thereon).
(b) Use of Fund. The fund shall be used solely in accordance with Chapters 66 and 66A of the San Francisco Administrative Code, as amended from time to time, those regulations adopted by the Board of Supervisors or the agency or entity designated by the Board of Supervisors to administer the Seismic Safety Retrofit Program, and any resolutions adopted by the Board of Supervisors authorizing the issuance of bonds and sale of any series of bonds pursuant to the Earthquake Loan Bond Program, 1992.
(Added by Ord. 316-00, File No. 001911, App. 12/28/2000)
(a) Establishment of Fund. The San Francisco Bonding and Financial Assistance Program is created in Section 14B.16 of the Administrative Code. That section requires City departments, consistent with the budgetary and fiscal provisions of the San Francisco Charter, to contribute to the San Francisco Bonding and Financial Assistance Program. The San Francisco Self-Insurance Surety Bond Fund is hereby created as a category eight fund as defined in Section 10.100-1 of the Administrative Code and shall receive annual contributions as determined under the provisions of subsection (c) of this Section and charged against all City capital projects appropriated after the effective date of this Section.
(b) Use of Fund. Subject to the budgetary and fiscal provisions of the San Francisco Charter, the City may expend the monies in said Fund only for the purpose of conducting self-insurance programs for the San Francisco Bonding and Financial Assistance Program, including Risk Management Administration, City Attorney Claim Administration and Adjudication, and Human Rights Commission Programmatic Oversight.
(c) The Controller in consultation with the City's Risk Manager shall annually set a contribution rate for all City capital construction and improvement projects conducted under Chapter 6 of the San Francisco Administrative Code. The Risk Manger, not less than every five years, shall procure an actuarial study of the City's loss experience for capital projects that shall provide the basis for setting of the annual contribution rate to the Fund. The Risk Manager and the Controller shall periodically review expenditures from the Fund to determine whether any department's loss rate is significantly higher or lower than the Citywide loss rate. In the event the Controller finds any significant disparities he or she is authorized to make adjustments to appropriations to eliminate such disparities.
(d) Initial Contribution of the Fund. Subject to the budgetary and fiscal provisions of the Charter, each participating department shall contribute their proportional share of the two (2) million dollar initial contribution to the Fund in the current fiscal year of 2008-2009. The Controller, in consultation with the Risk Manager, shall determine each department's contribution based on each department's projected participation in the program. General fund departments may delay their initial contributions to the Fund and participation in the Fund until the fiscal year of 2009 to 2010 budget appropriations, when such funds shall be budgeted as part of their capital appropriations budgets and participation in the program may commence.
(Added by Ord. 315-08, File No. 081444, 12/19/2008)
(a) Establishment of Fund. The San Francisco Super Bowl 50 Impact Fund ("the Fund") is hereby established as a category four fund to be used to provide financial support to small businesses specifically impacted by Super Bowl-related events.
(b) Source of Funds. Monies from the following sources may be deposited by appropriation into the Fund: (1) donations or cost reimbursements related to any City-incurred costs associated with Super Bowl-related events; (2) surplus, discretionary General Fund tax revenues attributable to Super Bowl-related events, as estimated by the Controller's Office following an accounting of the events; and (3) any other sources.
(c) Use of Funds. The Board of Supervisors may appropriate monies from the Fund to provide financial support to reimburse (1) businesses, merchants, or individuals who paid the City a license, operating, or other fee tor the purposes of operating their business and were subsequently displaced as a result of the event, and (2) other businesses and merchants who were adversely impacted by Super Bowl-related events.
(d) Administration of Grant Program. Those street artists licensed through the Arts Commission that can demonstrate a loss of income related to the reduction of spaces resulting from covered events shall be eligible for a grant award equivalent to their income loss, not to exceed $600 per street artist.
Food trucks, restaurants, and other individuals and businesses permitted or licensed through the Department of Public Work's Bureau of Street Use & Mapping shall be eligible for grants equivalent in value to permit fee(s) for the period of time under the approved permit(s) during which the permittee was not able to make use of the permitted benefit. Such grants shall not exceed $600 per grantee. Utility-related permits or licenses are not eligible for such grants.
The Controller's Office shall develop and administer the grant application, calculation, award, and disbursement process, in consultation with the Department of Public Works and Arts Commission. The Controller shall proportionally reduce grant awards authorized above to the extent that total calculated awards exceed the available balance in the fund.
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