State officials help with America’s Cup push 

The state’s not doing much to help San Francisco’s finances, but what it can do is assist The City in luring the America’s Cup to San Francisco.

Speaker of the House John Perez stopped by San Francisco last week, where he met with chamber leaders and Mayor Gavin Newsom to discuss, among many things, how to make San Francisco the headquarters for the America’s Cup.

“We have incredible resources here in the state of California, and for us to be smart about leveraging that to bring that economic activity is exactly what we need to be doing right now,” Perez said.

But what exactly the state can do to help, Perez was less clear on. He noted that state leaders are waiting to hear what the infrastructure needs will be along the wharf to accommodate the sailing competition.

Meanwhile, San Francisco is anxiously awaiting to hear whether The City will host the sailing competition in 2014.

“It’s a big deal for us to have his support,” Newsom said. ”It just further underscores what’s at stake. The America’s Cup folks are teed up for September so we are in a critical zone.”

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Staff Report

Staff Report

A daily newspaper covering San Francisco, San Mateo County and serving Alameda, Marin and Santa Clara counties.
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