In the latest installment of question time, (the fourth if you care) which has now become the butt of many jokes for how boring or farcical an exercise it is, Mayor Ed Lee showed up at the Board of Supervisors meeting Tuesday and answered a presubmitted question from Supervisor Mark Farrell about what he plans to do “before leaving office” to stimulate the local economy.
“I’ve worked very hard to do that because I see so many other cities and counties around our Bay Area as well as in our nation that are very challenged by the economics,” Lee said. “So for me it’s very important.”
Lee said The City should continue to focus “sector-based strategies,” like tax breaks for biotech and clean tech industries and the payroll tax break for mid-Market Street area to keep Twitter from leaving town. He also praised international initiatives like ChinaSF, with its latest success of attracting China Sunergy, a solar company, to open up its headquarters in San Francisco.
“Now we have some six of the world’s top 10 solar manufacturers here in San Francisco,” Lee said. “And I think we are getting even more. We are one of the best regions to really attract this kind of industry.”