San Francisco Mayor Applauds Port Commission Approval Of City’s Host Agreement For 34th America’s Cup
[Source: San Francisco Mayor's Office] Mayor Gavin Newsom today issued the following statement after the Port Commission voted unanimously to approve the resolution supporting the Host City and Venue Agreement for hosting the 34th America’s Cup in San Francisco:
“The Port Commission today reaffirmed that San Francisco is the best place on earth to defend the America’s Cup and bring a potential $1.4 billion economic boost to the region. The public and community enthusiasm for hosting the America’s Cup has been tremendous, demonstrated at the Port Commission today by the broad support for the bid from local residents, merchants, union representatives and maritime enthusiasts.
With both the Host City Agreement and the Northern Waterfront Agreement being advanced to the full Board, we are providing opportunities to improve the spectator experience and increase the public benefit. I want to thank Port Executive Director Monique Moyer and the Port Commission for their commitment to bring the America’s Cup to the San Francisco Bay and all the economic benefits, jobs and excitement that come with it.”
On Wednesday, December 8, the Board of Supervisors’ Budget and Finance Committee is expected to consider a resolution in support of the Host City and Venue Agreement.