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Article: San Francisco Debuts Hospital Bond Proposal; Supervisors OK Airport Deal.
- Article from:
- The Bond Buyer
- Article date:
- May 15, 2008
- Author:
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SAN FRANCISCO -- San Francisco Mayor Gavin Newsom yesterday introduced a measure calling for $887.4 million of general obligation bonds to rebuild San Francisco General Hospital, and the Board of Supervisors approved $718 million of revenue bonds for San Francisco International Airport.
The hospital bonds will go before voters in November if the supervisors approve the project, which is likely. The board already approved an initial $25 million in funds for planning the project. The San Francisco Department of Public Health says the 93-year-old public hospital does not meet current earthquake safety standards. If it's not replaced, the hospital - and the city's ...