For purposes of this Article XLVIII, the following words or phrases shall have the following meanings:
“City” shall mean the City and County of San Francisco.
“EIFD Public Financing Authority No. 1” shall mean the public financing authority established to act as the governing board for the Power Station EIFD and such other EIFDs identified by the Board of Supervisors from time to time.
“Potrero Power Station Project” shall mean that certain mixed-use waterfront property, including about 1,815 residential units, commercial uses (e.g., office, retail, research and development facilities, and hospitality), and community facilities, including seven acres of greenspace, with approximately 1,200 square feet of waterfront frontage, and including 30% affordable housing through a combination of inclusionary housing, stand-alone housing projects, and affordable housing fees.
“Power Station EIFD” shall mean the enhanced infrastructure financing district that will be formed under California Government Code Sections 53398.50 et seq. for the purpose of providing funds to pay certain public facilities and projects of community-wide significance associated with the Potrero Power Station Project.
“Power Station IFP” shall have the meaning given that term in Section 5.48-3.
(Added by Ord. 44-23, File No. 230160, App. 4/7/2023, Eff. 5/8/2023)
(Former Sec. 5.48-1 added by Ord. 24-21, File No. 210032, App. 3/5/2021, Eff. 4/5/2021; expired 4/5/2022)